Condo Investment Properties for Sale in Clarkston, MI
$ 415,000
ROI
22.0
Cash Flow/m
255- 2 Bed
- 4 Bath
- 2900 sft
6464 Waters Edge Way, Clarkston, MI, 48346
$ 450,000
ROI
20.0Cash Flow/m
36- 2 Bed
- 3 Bath
- 3029 sft
5721 Pinecroft Ct, Clarkston, MI, 48346
Fix & Flip
$ 439,000
ROI
21.8Cash Flow/m
243- 2 Bed
- 4 Bath
- 3046 sft
6573 Summit Rdg, Clarkston, MI, 48346
$ 186,000
ROI
22.0Cash Flow/m
118- 2 Bed
- 2 Bath
- 1440 sft
7300 Bluewater Dr APT 105, Clarkston, MI, 48348
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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