Condo Investment Properties for Sale in Macomb, MI
Listed for sale 3 days ago
$ 289,900
ROI
30.0
Cash Flow/m
825- 2 Bed
- 3 Bath
- 2606 sft
16306 E Hill Dr, Macomb, MI, 48044
$ 275,000
ROI
20.3Cash Flow/m
40- 3 Bed
- 3 Bath
- 2486 sft
17198 Westgrove Dr, Macomb, MI, 48042
$ 290,000
ROI
20.6Cash Flow/m
68- 2 Bed
- 2 Bath
- 1603 sft
22113 Aberdeen Dr, Macomb, MI, 48042
$ 339,900
ROI
22.7Cash Flow/m
279- 2 Bed
- 2 Bath
- 1800 sft
16893 Boulder Way, Macomb, MI, 48042
Why Invest in Macomb, Michigan?
Investors seeking **condos** in Macomb, MI, benefit from steady appreciation and a balanced rental market near Detroit. Rental yields average 6-7% with cap rates around 7%, supported by rising inventory and disciplined buyer demand. Renter-occupied units comprise 25% of housing stock, driving consistent cash flow. Proximity to employment hubs enhances long-term value in this suburban market. Recent data shows home values up 4.4% yearly, signaling resilience for condo investments.
8.5%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.4%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6.8% and 4.4% appreciation. Steady demand from commuters and low vacancy make them reliable. Focus on newer units for best cash flow.
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