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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Freeland, MI
$ 255,000
ROI
20.5
Cash Flow/m
50- 2 Bed
- 2 Bath
- 1487 sft
9 Sanctuary Way, Freeland, MI, 48623
$ 224,900
ROI
23.2Cash Flow/m
215- 2 Bed
- 2 Bath
- 1264 sft
8233 Midland Rd, Freeland, MI, 48623
$ 205,000
ROI
23.9Cash Flow/m
234- 2 Bed
- 2 Bath
- 1264 sft
8219 Midland Rd, Freeland, MI, 48623
$ 212,000
ROI
20.4Cash Flow/m
39- 2 Bed
- 2 Bath
- 1397 sft
1 Sanctuary Way, Freeland, MI, 48623
Why Invest in Freeland, Michigan?
Investing in condos in Freeland, MI presents a unique opportunity in a steadily growing market. With a rental yield of 6.8% and an average ROI of 8.5%, investors targeting condo properties can capitalize on stable cash flows and appreciation rates around 3.2%. The renter-occupied rate is solid at 45%, indicating consistent rental demand. Cap rates remain attractive at 7%, supporting long-term value in this community.
8.5%
Avg. ROI
6.8%
Rental Yield
7%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Freeland is approximately 6.8%, reflecting a solid return for property investors in the area.
Find Your Perfect Investment Property in Freeland, Michigan
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