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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Clarkston, MI
$ 300,000
ROI
23.4
Cash Flow/m
305- 3 Bed
- 4 Bath
- 2713 sft
6892 Northcrest Way E, Clarkston, MI, 48346
$ 217,000
ROI
25.3Cash Flow/m
334- 2 Bed
- 2 Bath
- 1098 sft
6600 Trillium Village Ln Unit 7, Clarkston, MI, 48346
Currently Rented
$ 315,000
ROI
24.0Cash Flow/m
375- 3 Bed
- 4 Bath
- 2500 sft
5007 Timberway Trl, Clarkston, MI, 48346
$ 379,000
ROI
25.3Cash Flow/m
586- 3 Bed
- 3 Bath
- 2112 sft
4112 Nottingham Cir, Clarkston, MI, 48346
Why Invest in Clarkston, Michigan?
Investing in condos in Clarkston, MI offers a unique opportunity for steady rental income and moderate appreciation. The area has a solid rental yield complemented by cap rates around the state average of 6%. With a growing renter-occupied population and average rents increasing year-over-year, condos present a valuable asset class here. Average cash flow remains favorable for investors seeking stable returns in suburban Detroit locations. Clarkston's economic stability and community amenities further enhance investment potential.
7.5%
Avg. ROI
5.8%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Clarkston, MI is approximately 5.8%, offering competitive returns in the suburban market.
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