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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Farmington Hills, MI
$ 229,998
ROI
23.5
Cash Flow/m
237- 2 Bed
- 2 Bath
- 1381 sft
30414 Orchard Lake Rd Unit 29, Farmington Hills, MI, 48334
$ 162,000
ROI
36.0Cash Flow/m
735- 2 Bed
- 2 Bath
- 1413 sft
27653 W Echo Valley Unit 113, Farmington Hills, MI, 48334
$ 239,990
ROI
24.0Cash Flow/m
284- 2 Bed
- 2 Bath
- 1800 sft
31120 Hunters Dr #98, Farmington Hills, MI, 48334
$ 119,900
ROI
23.8Cash Flow/m
134- 1 Bed
- 1 Bath
- 800 sft
30515 W 14 Mile Rd, Farmington Hills, MI, 48334
Why Invest in Farmington Hills, Michigan?
Investing in condos in Farmington Hills, MI offers a strategic opportunity for real estate investors focused on suburban growth and solid returns. This area features an average ROI of 7.2%, a rental yield around 6.0%, and cap rates averaging 5.5%. With an average cash flow of $400 per month and a growing rental market, Farmington Hills condos provide steady income potential and appreciation near 3.5%. The renter-occupied population is significant, supporting rental demand in this thriving community.
7.2%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Farmington Hills is approximately 6.0%, reflecting a strong market for rental properties in this suburban area.
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