Condo Investment Properties for Sale in Commerce Township, MI
$ 480,000
ROI
28.9
Cash Flow/m
1223- 5 Bed
- 4 Bath
- 3205 sft
2230 Palmetto, Commerce Township, MI, 48382
$ 424,900
ROI
20.8Cash Flow/m
126- 2 Bed
- 2 Bath
- 1669 sft
2298 Calibouge #32, Commerce Township, MI, 48382
$ 504,661
ROI
20.2Cash Flow/m
21- 2 Bed
- 2 Bath
- 1700 sft
1490 Turner Dr #2, Commerce Township, MI, 48390
Motivated Seller
$ 310,000
ROI
23.3Cash Flow/m
308- 2 Bed
- 2 Bath
- 1914 sft
23102 Alexa Dr, Commerce Township, MI, 48390
Why Invest in Commerce Township, Michigan?
Investing in condo properties in Commerce Township, MI offers a unique opportunity to tap into a growing market with attractive rental yields and steady appreciation. This location features an average cap rate around 6.5%, an average ROI near 8%, and a favorable rental yield of approximately 7%. The average monthly rent is $1,200, complemented by a renter-occupied rate above 40%. The stable cash flow and moderate appreciation make condos a wise investment choice in this suburban Detroit area.
8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Condos in Commerce Township typically offer a rental yield of around 7%, making them attractive for rental income investors in the suburban Detroit area.
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