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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Dearborn, MI
$ 214,900
ROI
21.3
Cash Flow/m
93- 2 Bed
- 2 Bath
- 1290 sft
22264 Abbey Ln, Dearborn, MI, 48124
Fix & Flip
$ 199,900
ROI
24.7Cash Flow/m
274- 2 Bed
- 2 Bath
- 2232 sft
15 Kimberly Ln #56, Dearborn, MI, 48120
$ 349,900
ROI
26.8Cash Flow/m
688- 3 Bed
- 4 Bath
- 2470 sft
11 Oxford Ct, Dearborn, MI, 48124
$ 158,000
ROI
23.7Cash Flow/m
172- 2 Bed
- 1 Bath
- 1222 sft
3793 Heritage Pkwy, 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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