Condo Investment Properties for Sale in Ludington, MI
$ 239,000
ROI
22.9
Cash Flow/m
208- 1 Bed
- 1 Bath
- 556 sft
304 S Ferry St Unit 3, Ludington, MI, 49431
$ 399,900
ROI
25.1Cash Flow/m
596- 3 Bed
- 3 Bath
- 2 sft
1239 Blue Heron Dr, Ludington, MI, 49431
$ 429,000
ROI
23.3Cash Flow/m
424- 3 Bed
- 3 Bath
- 1479 sft
1268 Blue Heron Dr, Ludington, MI, 49431
$ 299,000
ROI
21.0Cash Flow/m
103- 2 Bed
- 2 Bath
- 1120 sft
5766 W Brookwood Pl, Ludington, MI, 49431
Why Invest in Ludington, Michigan?
Investing in condos in Ludington, MI, offers a unique opportunity to capitalize on the city's growing tourism and affordable housing market. The area's solid rental yields and an average ROI near 8% attract investors seeking steady cash flow. Ludington benefits from a moderate cap rate of around 6%, reflecting balanced risk and reward. Average rents are reasonable, supporting sustained demand from both residents and seasonal visitors.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Typical condo rental yields in Ludington average around 7%, reflecting healthy demand from both residents and seasonal visitors.
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