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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Brownstown, MI
Motivated Seller
Listed for sale 2 days ago
$ 347,500
ROI
26.0
Cash Flow/m
603- 3 Bed
- 3 Bath
- 1735 sft
29490 Hunter St, Brownstown, MI, 48183
$ 270,000
ROI
19.9Cash Flow/m
7- 2 Bed
- 2 Bath
- 1257 sft
23664 W Lake Cir, Brownstown, MI, 48183
Fix & Flip
$ 112,000
ROI
46.4Cash Flow/m
831- 2 Bed
- 1 Bath
- 960 sft
20041 Village Green Ct #14, Brownstown, MI, 48183
$ 205,000
ROI
28.2Cash Flow/m
480- 2 Bed
- 2 Bath
- 1100 sft
17795 Bobwhite Ct, Brownstown, MI, 48193
Why Invest in Brownstown, Michigan?
Investing in condos in Brownstown, MI presents a solid opportunity for real estate investors seeking steady rental income. This community benefits from an average rental yield of 7.2% and a cap rate of 6.5%, making condos an attractive investment choice. The average ROI stands at 8.5%, supported by moderately increasing rent rates and solid cash flow. Appreciation rates have been stable at 3.1%, while renter occupancy remains high at 70%, reflecting sustained demand among renters.
8.5%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$700/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Brownstown is approximately 7.2%, reflecting strong rental demand and reasonable property values.
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