Condo Investment Properties for Sale in Dearborn, MI
$ 269,900
ROI
22.5
Cash Flow/m
208- 2 Bed
- 2 Bath
- 1254 sft
704 S Brady Rd APT B, Dearborn, MI, 48124
$ 299,999
ROI
23.5Cash Flow/m
316- 3 Bed
- 3 Bath
- 2825 sft
3031 Lindenwood Dr, Dearborn, MI, 48120
$ 269,000
ROI
21.7Cash Flow/m
146- 2 Bed
- 2 Bath
- 1243 sft
22274 Abbey Ln, Dearborn, MI, 48124
$ 325,000
ROI
27.0Cash Flow/m
660- 3 Bed
- 3 Bath
- 2474 sft
9 Lyons 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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