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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Single Family Investment Properties for Sale in Lathrup Village, MI
$ 412,000
ROI
22.9
Cash Flow/m
357- 4 Bed
- 3 Bath
- 2165 sft
26207 Meadowbrook Way, Lathrup Village, MI, 48076
$ 265,000
ROI
25.6Cash Flow/m
432- 2 Bed
- 2 Bath
- 1508 sft
27551 Goldengate Dr W, Lathrup Village, MI, 48076
$ 495,000
ROI
20.6Cash Flow/m
117- 4 Bed
- 3 Bath
- 2752 sft
28090 Sunset Blvd W, Lathrup Village, MI, 48076
$ 329,900
ROI
28.3Cash Flow/m
782- 4 Bed
- 3 Bath
- 2114 sft
18175 Rainbow Dr, Lathrup Village, MI, 48076
Why Invest in Lathrup Village, Michigan?
Investing in single-family homes in Lathrup Village, MI offers a unique opportunity to capitalize on a stable and growing market. With a competitive average ROI of 7%, and a rental yield of 5.2%, single-family properties provide consistent cash flow and appreciation potential. The cap rate of 6.5% and average cash flow of $900 per property reflect healthy returns supported by a median rent of $1,200. The area boasts a renter-occupied rate of 42%, indicating a solid tenant base for investors.
7%
Avg. ROI
5.2%
Rental Yield
6.5%
Cap Rate
$900/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for single-family homes in Lathrup Village is about 7%, making it a promising market for investors seeking steady returns.
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