Condo Investment Properties for Sale in Livonia, MI
Listed for sale 5 days ago
$ 295,000
ROI
22.6
Cash Flow/m
234- 2 Bed
- 3 Bath
- 1841 sft
9327 Eastwind Dr, Livonia, MI, 48150
$ 339,900
ROI
20.3Cash Flow/m
55- 2 Bed
- 4 Bath
- 2541 sft
9376 Westwind Dr, Livonia, MI, 48150
$ 159,900
ROI
22.6Cash Flow/m
128- 1 Bed
- 1 Bath
- 755 sft
33899 Pondview Cir #10, Livonia, MI, 48152
$ 380,000
ROI
20.4Cash Flow/m
71- 3 Bed
- 2 Bath
- 3744 sft
38147 N Vista 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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