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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Cadillac, MI
$ 265,000
ROI
21.1
Cash Flow/m
97- 2 Bed
- 2 Bath
- 1800 sft
346 Woodside Cir, Cadillac, MI, 49601
$ 250,000
ROI
23.3Cash Flow/m
247- 2 Bed
- 2 Bath
- 1330 sft
301 N Lake St Unit 206, Cadillac, MI, 49601
$ 275,000
ROI
21.7Cash Flow/m
152- 2 Bed
- 2 Bath
- 1216 sft
301 N Lake St Unit 104, Cadillac, MI, 49601
$ 199,900
ROI
22.0Cash Flow/m
125- 1 Bed
- 2 Bath
- 1130 sft
301 N Lake St UNIT 208, Cadillac, MI, 49601
Why Invest in Cadillac, Michigan?
Investing in condos in Cadillac, MI offers a promising opportunity for investors looking to capitalize on a stable rental market. The city’s average rental yield of 7.2% and cap rate near 6.5% indicate solid income potential. With an average ROI of 8% and a growing renter-occupied rate of 55%, condos provide attractive cash flow. Appreciation is steady at around 3.5% annually, supported by local economic growth and housing demand.
8%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$950/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The typical rental yield for condos in Cadillac is around 7.2%, making it a lucrative choice for rental property investors.
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