Condo Investment Properties for Sale in Brighton, MI
Listed for sale 2 days ago
$ 349,900
ROI
21.5
Cash Flow/m
166- 2 Bed
- 2 Bath
- 1395 sft
944 Woodridge Hills Dr, Brighton, MI, 48116
$ 469,900
ROI
21.4Cash Flow/m
209- 3 Bed
- 4 Bath
- 2522 sft
4971 Fairways Dr, Brighton, MI, 48116
$ 269,900
ROI
26.5Cash Flow/m
509- 2 Bed
- 2 Bath
- 1336 sft
4357 Deeside Dr, Brighton, MI, 48116
$ 499,900
ROI
20.6Cash Flow/m
120- 3 Bed
- 4 Bath
- 3050 sft
4775 Pine Eagles Dr, Brighton, MI, 48116
Why Invest in Brighton, Michigan?
Investing in condos in Brighton, MI offers a stable market with solid rental yields and improving appreciation rates. Condos here provide a unique opportunity with average ROI around 6% and an average cash flow of $300 per month. Rental demand remains healthy thanks to a vibrant local economy and growing renter population. The cap rate for condos remains attractive at about 7%, supported by a reasonable average rent of $1,200. Brighton's diverse economic base and quality of life make it an appealing choice for real estate investors.
6%
Avg. ROI
7%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Brighton, MI is approximately 7%, making it a competitive market for investors.
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