Condo Investment Properties in Dearborn, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Dearborn, MI

Property at 9 Lyons Ct, Dearborn, MI
$ 325,000
ROI
27.0ROI percentage
Cash Flow/m
Dollar sign660
  • 3 Bed
  • 3 Bath
  • 2474 sft
9 Lyons Ct, Dearborn, MI, 48126
Property at 700 S Brady Rd APT A, Dearborn, MI
$ 265,000
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign135
  • 2 Bed
  • 2 Bath
  • 1232 sft
700 S Brady Rd APT A, Dearborn, MI, 48124
Property at 718 S Military St, Dearborn, MI
$ 339,000
ROI
25.0ROI percentage
Cash Flow/m
Dollar sign493
  • 3 Bed
  • 3 Bath
  • 2181 sft
718 S Military St, Dearborn, MI, 48124
Property at 21800 Morley Ave APT 1018, Dearborn, MI
$ 109,900
ROI
42.1ROI percentage
Cash Flow/m
Dollar sign683
  • 2 Bed
  • 1 Bath
  • 975 sft
21800 Morley Ave APT 1018, Dearborn, MI, 48124

Why Invest in Dearborn, Michigan?

Investing in Dearborn condos offers a strategic entry point into Michigan's growing real estate market. The city boasts an average rental yield of 6%, making condos particularly attractive for steady cash flow. Appreciation rates around 3% annually indicate promising long-term growth. Average ROI stands at 7%, supported by a strong renter population at about 60%. These condos are ideal for investors seeking balanced risk and rewarding returns in a stable local economy.

7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in Dearborn is approximately 6%, providing a solid income stream for investors.

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