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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
$ 460,000
ROI
20.4
Cash Flow/m
77- 3 Bed
- 3 Bath
- 2343 sft
37225 Berkleigh Ct, Farmington Hills, MI, 48331
$ 239,990
ROI
24.0Cash Flow/m
284- 2 Bed
- 2 Bath
- 1800 sft
31120 Hunters Dr #98, Farmington Hills, MI, 48334
$ 215,000
ROI
21.9Cash Flow/m
129- 2 Bed
- 2 Bath
- 1184 sft
38916 Country Cir, Farmington Hills, MI, 48331
$ 315,000
ROI
22.5Cash Flow/m
240- 3 Bed
- 3 Bath
- 1447 sft
38178 Saratoga Cir, Farmington Hills, MI, 48331
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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