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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Howell, MI
$ 260,000
ROI
27.6
Cash Flow/m
566- 2 Bed
- 3 Bath
- 1744 sft
1434 Steeplechase Ct #60, Howell, MI, 48843
$ 399,561
ROI
20.3Cash Flow/m
64- 3 Bed
- 3 Bath
- 1745 sft
2221 Chase Dr #103, Howell, MI, 48855
$ 250,000
ROI
20.6Cash Flow/m
62- 2 Bed
- 2 Bath
- 1279 sft
4324 Hampton Ridge Blvd, Howell, MI, 48843
$ 329,000
ROI
21.9Cash Flow/m
196- 3 Bed
- 3 Bath
- 1710 sft
3341 Dewdrop Ln, Howell, MI, 48843
Why Invest in Howell, Michigan?
Investing in condos in Howell, MI offers a strategic opportunity to capitalize on the city's steady rental demand and affordable entry price points. Howell's investment climate is supported by a cap rate averaging around 6.8%, a rental yield near 7.2%, and an average ROI of approximately 9%. With average rents around $1,200, investors can expect solid cash flow, enhanced by a renter-occupied rate near 52%. The city's appreciation rate of about 3.5% further enhances long-term investment potential.
9%
Avg. ROI
7.2%
Rental Yield
6.8%
Cap Rate
$550/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Howell is approximately 7.2%, making it a favorable market for rental income investors.
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