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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Dearborn, MI
Listed for sale 4 days ago
$ 339,900
ROI
24.9
Cash Flow/m
487- 3 Bed
- 3 Bath
- 2181 sft
718 S Military St, Dearborn, MI, 48124
$ 109,900
ROI
42.1Cash Flow/m
683- 2 Bed
- 1 Bath
- 975 sft
21800 Morley Ave APT 1018, Dearborn, MI, 48124
$ 249,900
ROI
20.4Cash Flow/m
48- 4 Bed
- 3 Bath
- 2419 sft
6426 Chase Rd, Dearborn, MI, 48126
$ 265,000
ROI
23.8Cash Flow/m
299- 2 Bed
- 2 Bath
- 1509 sft
7 Georgetown Ct, Dearborn, MI, 48126
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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