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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Clarkston, MI
$ 330,000
ROI
20.2
Cash Flow/m
43- 3 Bed
- 4 Bath
- 2540 sft
6510 Scenic Pines Ct, Clarkston, MI, 48346
$ 315,000
ROI
25.3Cash Flow/m
488- 3 Bed
- 4 Bath
- 2217 sft
6626 Ridgeview Dr, Clarkston, MI, 48346
$ 444,900
ROI
24.5Cash Flow/m
582- 3 Bed
- 3 Bath
- 3471 sft
9572 Kingsway Cir, Clarkston, MI, 48348
$ 395,000
ROI
23.5Cash Flow/m
412- 3 Bed
- 3 Bath
- 2655 sft
5624 Northcrest Xing, 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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