Condo Investment Properties for Sale in East Lansing, MI

Property at 2385 N Wild Blossom Ct, East Lansing, MI
Listed for sale 4 days ago
$ 250,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign174
  • 3 Bed
  • 3 Bath
  • 2212 sft
2385 N Wild Blossom Ct, East Lansing, MI, 48823
Property at 3300 Wharton St, East Lansing, MI
$ 289,900
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign502
  • 3 Bed
  • 3 Bath
  • 1736 sft
3300 Wharton St, East Lansing, MI, 48823
Property at 288 W Saginaw St APT 104, East Lansing, MI
$ 224,000
ROI
24.9ROI percentage
Cash Flow/m
Dollar sign319
  • 3 Bed
  • 2 Bath
  • 1365 sft
288 W Saginaw St APT 104, East Lansing, MI, 48823
Property at 605 Glenmoor Rd APT 2A, East Lansing, MI
$ 129,900
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign174
  • 1 Bed
  • 1 Bath
  • 572 sft
605 Glenmoor Rd APT 2A, East Lansing, MI, 48823

Why Invest in East Lansing, Michigan?

Investing in condos in East Lansing, MI offers a unique opportunity to tap into a vibrant university town economy. With Michigan State University driving steady rental demand, investors can expect solid rental yield and consistent cash flow from renter-occupied units. Current cap rates for condos remain favorable, averaging around 6%, supported by moderate property appreciation rates. The local market benefits from a diverse demographic including students, faculty, and young professionals, ensuring continuous tenant demand and stability.

7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in East Lansing is about 5%, reflecting strong demand driven by the university and local employment sectors.

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