Condo Investment Properties for Sale in Lansing, MI

Property at 1225 W Saginaw St, Lansing, MI
Listed for sale 5 days ago
$ 145,000
ROI
20.9ROI percentage
Cash Flow/m
Dollar sign44
  • 2 Bed
  • 2 Bath
  • 1300 sft
1225 W Saginaw St, Lansing, MI, 48915
Property at 1748 Maisonette Dr #46, Lansing, MI
$ 120,000
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign11
  • 2 Bed
  • 2 Bath
  • 1188 sft
1748 Maisonette Dr #46, Lansing, MI, 48911
Property at 2037 E Provincial House Dr, Lansing, MI
$ 173,000
ROI
21.7ROI percentage
Cash Flow/m
Dollar sign94
  • 2 Bed
  • 2 Bath
  • 1096 sft
2037 E Provincial House Dr, Lansing, MI, 48910
Property at 2741 Trudy Ln Unit 5, Lansing, MI
$ 179,900
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign134
  • 2 Bed
  • 2 Bath
  • 1022 sft
2741 Trudy Ln Unit 5, Lansing, MI, 48910

Why Invest in Lansing, Michigan?

Lansing, MI offers strong potential for condo investors seeking steady cash flow in a stable market. With modest home price growth around 4.5% annually and improving inventory, condos provide accessible entry points under $200k. Rental yields average 7-8% driven by state capital demand and job stability. Cap rates hover at 6-7%, with renter occupancy near 45% supporting reliable income. Appreciation remains positive amid balanced supply, ideal for long-term holds.

8.5%
Avg. ROI
7.8%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
4.5%
1Y Appreciation

Frequently Asked Questions

Yes, condos in Lansing offer solid rental yields around 7-8% due to capital city demand and proximity to MSU. Low entry prices under $160k median provide high cash flow potential. Stable appreciation of 4.5% makes them ideal for passive income.

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