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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in East Tawas, MI
$ 199,900
ROI
27.4
Cash Flow/m
424- 2 Bed
- 2 Bath
- 1176 sft
1021 E Lincoln St APT 1, East Tawas, MI, 48730
$ 199,900
ROI
27.8Cash Flow/m
445- 2 Bed
- 2 Bath
- 1176 sft
1021 E Lincoln St, East Tawas, MI, 48730
$ 154,900
ROI
31.0Cash Flow/m
484- 3 Bed
- 1 Bath
- 520 sft
979 N Huron St, East Tawas, MI, 48730
$ 154,900
ROI
31.0Cash Flow/m
484- 3 Bed
- 1 Bath
- 520 sft
979 N Huron St #6, East Tawas, MI, 48730
Why Invest in East Tawas, Michigan?
Investing in condo properties in East Tawas, MI offers a balanced opportunity for steady rental income and potential appreciation. The city's stable rental yield of 7.2% and an average ROI of 6.5% make it attractive for investors focused on cash flow. With a cap rate around 6%, East Tawas condos benefit from a renter-occupied rate of 48% and an average monthly rent near $900, reflecting strong demand in the area. Local economic stability and growing tourism contribute positively to housing market dynamics.
6.5%
Avg. ROI
7.2%
Rental Yield
6%
Cap Rate
$180/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in East Tawas is approximately 7.2%, making it an attractive option for rental property investors.
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