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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Grand Ledge, MI
Listed for sale 4 days ago
$ 205,000
ROI
20.3
Cash Flow/m
33- 2 Bed
- 2 Bath
- 1440 sft
1118 Timbercreek Dr APT 8, Grand Ledge, MI, 48837
$ 236,000
ROI
28.2Cash Flow/m
553- 3 Bed
- 2 Bath
- 2754 sft
1114 Timbercreek Dr APT 43, Grand Ledge, MI, 48837
$ 190,000
ROI
22.5Cash Flow/m
147- 2 Bed
- 2 Bath
- 1017 sft
925 Brookside Dr APT 121, Grand Ledge, MI, 48837
$ 179,900
ROI
22.9Cash Flow/m
157- 2 Bed
- 2 Bath
- 871 sft
905 Registry Dr #133, Grand Ledge, MI, 48837
Why Invest in Grand Ledge, Michigan?
Investing in condos in Grand Ledge, MI offers an excellent opportunity for real estate investors seeking stable returns and growth. The local market features an average ROI of 7.5%, supported by a rental yield of 6.8% and a cap rate of 5.5%. With rising rental demand and appreciation rates averaging 3.2% annually, condos here maintain strong cash flow potential. Additionally, about 58% of homes are renter-occupied, highlighting the vibrancy of the rental market in this city.
7.5%
Avg. ROI
6.8%
Rental Yield
5.5%
Cap Rate
$550/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Grand Ledge is approximately 6.8%, making it an attractive option for rental property investors.
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