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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Highland, MI
$ 405,000
ROI
24.1
Cash Flow/m
494- 3 Bed
- 4 Bath
- 2886 sft
1180 Alissa Marie Dr, Highland, MI, 48357
$ 209,999
ROI
32.3Cash Flow/m
731- 2 Bed
- 1 Bath
- 1090 sft
(Undisclosed Address), Highland, MI, 48357
$ 209,900
ROI
22.1Cash Flow/m
140- 2 Bed
- 1 Bath
- 1090 sft
323 Countryside Ct, Highland, MI, 48357
$ 199,900
ROI
28.4Cash Flow/m
483- 2 Bed
- 2 Bath
- 1090 sft
171 Countryside Ln, Highland, MI, 48357
Why Invest in Highland, Michigan?
Investing in condos in Highland, MI offers an attractive opportunity due to the area's stable rental market and steady appreciation rates. The city shows a rental yield of 6.8% and an average ROI of 8.2%, highlighting strong cash flow potential for investors. With growing renter-occupied rates at 38%, there is consistent demand for rental properties. Additionally, the average rent is around $1,100, making Highland condos an appealing segment for long-term investment.
8.2%
Avg. ROI
6.8%
Rental Yield
5.7%
Cap Rate
$170/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average ROI for condos in Highland, MI is approximately 8.2%, reflecting a favorable market for real estate investors.
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