Townhouse Investment Properties for Sale in Howell, MI
Listed for sale 6 days ago
$ 245,000
ROI
22.9
Cash Flow/m
213- 2 Bed
- 1 Bath
- 1228 sft
4050 Kirkway Ct, Howell, MI, 48843
Listed for sale 7 days ago
$ 275,000
ROI
26.1Cash Flow/m
485- 3 Bed
- 3 Bath
- 1656 sft
1630 Town Commons Dr, Howell, MI, 48855
$ 279,900
ROI
20.5Cash Flow/m
57- 2 Bed
- 3 Bath
- 1495 sft
2231 Knotty Pine Trl, Howell, MI, 48855
$ 379,900
ROI
20.2Cash Flow/m
44- 3 Bed
- 4 Bath
- 2770 sft
4637 Summer Ridge Dr, Howell, MI, 48843
Why Invest in Howell, Michigan?
Investing in townhouses in Howell, MI offers a balanced opportunity for steady cash flow and appreciation. The area's rental yield and cap rates are attractive, supporting reliable avgROI for investors. Howell benefits from a growing renter-occupied population and stable average rents. Economic growth and an influx of new residents contribute to strong housing demand. Townhouses provide a middle ground between single-family homes and apartments, appealing to a broad tenant base.
7.2%
Avg. ROI
8.5%
Rental Yield
6.8%
Cap Rate
$1500/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for townhouses in Howell is approximately 8.5%, providing a solid return compared to other property types.
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