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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Livonia, MI
Listed for sale 1 day ago
$ 238,000
ROI
24.7
Cash Flow/m
325- 2 Bed
- 2 Bath
- 1442 sft
11712 Farmington Rd, Livonia, MI, 48150
Listed for sale 6 days ago
$ 205,000
ROI
23.0Cash Flow/m
186- 2 Bed
- 1 Bath
- 1370 sft
18220 University Park Dr Unit 28, Livonia, MI, 48152
$ 299,000
ROI
22.2Cash Flow/m
200- 2 Bed
- 4 Bath
- 2532 sft
37936 N Laurel Park Dr, Livonia, MI, 48152
$ 170,000
ROI
23.6Cash Flow/m
182- 2 Bed
- 2 Bath
- 1370 sft
18339 University Park Dr, Livonia, MI, 48152
Why Invest in Livonia, Michigan?
Livonia, MI condo investments offer stable cash flow in a suburban Detroit market with strong rental demand. Average rents around $1,860 support solid yields amid 4-5% annual appreciation. Cap rates hover at 6-7% with low vacancy due to proximity to major employers. Renter occupancy exceeds 30%, bolstered by steady job growth in metro Detroit. Investors benefit from predictable maintenance costs typical of condos.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1860/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Yes, Livonia condos provide steady cash flow with average rents at $1,860 and low vacancy rates. Strong demand from professionals commuting to Detroit supports 6%+ yields. HOA management reduces investor workload.
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