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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Comstock Park, MI
Listed for sale 3 days ago
$ 369,900
ROI
24.0
Cash Flow/m
439- 3 Bed
- 2 Bath
- 1542 sft
4948 Stony Creek Ave NW, Comstock Park, MI, 49321
$ 369,900
ROI
23.3Cash Flow/m
366- 5 Bed
- 2 Bath
- 1448 sft
4566 Lantern Ct NW, Comstock Park, MI, 49321
$ 339,900
ROI
20.7Cash Flow/m
89- 2 Bed
- 2 Bath
- 1998 sft
65 Betty St NE, Comstock Park, MI, 49321
$ 400,000
ROI
23.2Cash Flow/m
381- 4 Bed
- 2 Bath
- 2071 sft
7170 Quintara Dr NE, Comstock Park, MI, 49321
Why Invest in Comstock Park, Michigan?
Investing in Comstock Park, MI offers promising opportunities, especially in residential properties. The area shows a strong average ROI of 6.5% and a rental yield of 7%, making it attractive for rental investments. With a cap rate around 5.5%, real estate investors can expect steady cash flows and appreciation of about 3.2% annually. The avg cash flow for typical rental properties is $1,000 per month, supported by an avg rent of $1,200. High renter-occupied rates near 62% indicate solid rental demand in this Michigan community.
6.5%
Avg. ROI
7%
Rental Yield
5.5%
Cap Rate
$1000/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Comstock Park is around 7%, making it a favorable market for rental property investors seeking steady returns.
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