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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Independence, MI
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Here are some other similar properties you might be interested in:
Airbnb Potential
Listed for sale today
$ 100,000
ROI
23.4
Cash Flow/m
103- 2 Bed
- 1 Bath
- 704 sft
121 Sandpiper Ave, Houghton Lake, MI, 48629
Listed for sale 2 days ago
$ 100,000
ROI
23.3Cash Flow/m
99- 2 Bed
- 1 Bath
- 672 sft
111 E 6th St, Pinconning, MI, 48650
Listed for sale 3 days ago
$ 100,000
ROI
23.0Cash Flow/m
92- 1 Bed
- 1 Bath
- 700 sft
1201 W Moore Rd, Grant, MI, 49327
Currently Rented
Rental Income
Listed for sale 3 days ago
$ 100,000
ROI
24.7Cash Flow/m
139- 2 Bed
- 1 Bath
- 1447 sft
22244 Grove St, Detroit, MI, 48219
Listed for sale 6 days ago
$ 100,000
ROI
23.7Cash Flow/m
111- 2 Bed
- 1 Bath
- 937 sft
2988 Sharp Rd, Adrian, MI, 49221
Listed for sale 5 days ago
$ 100,000
ROI
24.2Cash Flow/m
125- 3 Bed
- 2 Bath
- 1520 sft
8890 Zion Rd, Rives Junction, MI, 49277
Listed for sale 7 days ago
$ 100,000
ROI
23.4Cash Flow/m
101- 4 Bed
- 1 Bath
- 1658 sft
1133 Eastwood St, Inkster, MI, 48141
Fix & Flip
Listed for sale 6 days ago
$ 100,000
ROI
24.5Cash Flow/m
133- 3 Bed
- 1 Bath
- 966 sft
15 4th St, Plainwell, MI, 49080
Listed for sale 6 days ago
$ 100,000
ROI
24.5Cash Flow/m
133- 3 Bed
- 1 Bath
- 2120 sft
440 Mill St, Constantine, MI, 49042
Fix & Flip
Listed for sale 6 days ago
$ 100,000
ROI
32.1Cash Flow/m
343- 5 Bed
- 3 Bath
- 1810 sft
124 W Pine St, Cadillac, MI, 49601
Listed for sale 6 days ago
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 2 Bath
- 1600 sft
157 Harrison St, Manistee, MI, 49660
Motivated Seller
Listed for sale 6 days ago
$ 100,000
ROI
24.6Cash Flow/m
135- 3 Bed
- 1 Bath
- 1048 sft
519 W Main St, Hartford, MI, 49057
$ 100,000
ROI
5.5Gross Rent Yield
9.1- 2 Bed
- 2 Bath
- 1250 sft
8126 Farnum Ave, Warren, MI, 48093
Listed for sale 6 days ago
$ 100,000
ROI
24.2Cash Flow/m
125- 1 Bed
- 1 Bath
- 600 sft
8312 W Burdock Ave, Baldwin, MI, 49304
Fix & Flip
Listed for sale 7 days ago
$ 100,000
ROI
24.2Cash Flow/m
124- 2 Bed
- 1 Bath
- 887 sft
2638 S Five Mile Rd, Midland, MI, 48640
Fix & Flip
$ 100,000
ROI
24.6Cash Flow/m
135- 2 Bed
- 1 Bath
- 960 sft
3160 Valley View Dr, Afton, MI, 49705
$ 100,000
ROI
24.2Cash Flow/m
123- 4 Bed
- 2 Bath
- 1060 sft
6402 S Oceana Dr, Rothbury, MI, 49452
$ 100,000
ROI
24.5Cash Flow/m
133- 2 Bed
- 1 Bath
- 789 sft
22055 Saxony Ave, Eastpointe, MI, 48021
$ 100,000
ROI
24.2Cash Flow/m
124- - Bed
- - Bath
- - sft
1487 Belleview Dr, Ionia, MI, 48846
$ 100,000
ROI
24.5Cash Flow/m
132- - Bed
- - Bath
- - sft
604 West St, Eaton Rapids, MI, 48827
$ 100,000
ROI
24.6Cash Flow/m
134- 4 Bed
- 2 Bath
- 1768 sft
515 Union St, Jackson, MI, 49203
Fix & Flip
Motivated Seller
$ 100,000
ROI
24.1Cash Flow/m
121- 3 Bed
- 2 Bath
- 1200 sft
1418 Sheffield Ave, Niles, MI, 49120
Motivated Seller
$ 100,000
ROI
1.5Gross Rent Yield
9.1- 2 Bed
- 2 Bath
- 864 sft
45197 Kensington St, Utica, MI, 48317
Fix & Flip
$ 100,000
ROI
58.2Cash Flow/m
1069- 3 Bed
- 1 Bath
- 1288 sft
10344 Baldwin Rd, Bridgman, MI, 49106
Why Invest in Independence, Michigan?
Investing in condos in Independence, MI offers a unique opportunity to capitalize on steady rental yields and appreciation in a growing suburban market. With an average ROI of around 7%, condos provide investors reliable cash flow and moderate cap rates. The renter-occupied rate remains healthy, supported by proximity to Detroit's economic hub. These investment properties benefit from local economic growth and favorable housing dynamics, making them a sound choice for diversified real estate portfolios.
7%
Avg. ROI
6.5%
Rental Yield
5.5%
Cap Rate
$250/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Independence, MI is about 6.5%, providing a steady income stream for real estate investors.
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