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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
Listed for sale 2 days ago
$ 349,999
ROI
24.2
Cash Flow/m
435- 3 Bed
- 2 Bath
- 1890 sft
17657 Avilla Blvd, Lathrup Village, MI, 48076
$ 289,700
ROI
24.1Cash Flow/m
347- 3 Bed
- 2 Bath
- 1891 sft
27145 Eldorado Pl, Lathrup Village, MI, 48076
$ 299,900
ROI
21.9Cash Flow/m
174- 3 Bed
- 3 Bath
- 2383 sft
28411 Eldorado Pl, Lathrup Village, MI, 48076
$ 290,000
ROI
22.6Cash Flow/m
226- 3 Bed
- 2 Bath
- 1660 sft
27704 California Dr NW, 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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