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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Comstock Park, MI
$ 175,000
ROI
19.9
Cash Flow/m
9- 2 Bed
- 2 Bath
- 1096 sft
4565 Tabor Rd NW #38, Comstock Park, MI, 49321
$ 275,000
ROI
21.7Cash Flow/m
140- 2 Bed
- 2 Bath
- 1800 sft
3976 York View Dr NW, Comstock Park, MI, 49321
$ 300,000
ROI
27.0Cash Flow/m
608- 3 Bed
- 2 Bath
- 1840 sft
4153 Chasseral Dr NW, Comstock Park, MI, 49321
$ 331,000
ROI
25.9Cash Flow/m
563- 2 Bed
- 2 Bath
- 1920 sft
272 Chasseral Ct NW, Comstock Park, MI, 49321
Why Invest in Comstock Park, Michigan?
Investing in condos in Comstock Park, MI offers a unique opportunity for capitalizing on a growing suburban market. With steady appreciation rates around 3%, rental yields averaging 7%, and cap rates near 5%, investors focusing on condo properties can expect attractive cash flow. The city's renter-occupied rate stands at 35%, providing a solid tenant base. Local economic stability and affordable average rents near $1,100 contribute to long-term investment viability.
8%
Avg. ROI
7%
Rental Yield
5%
Cap Rate
$250/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Comstock Park is approximately 7%, offering a solid return for real estate investors.
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