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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Macomb, MI
Listed for sale 4 days ago
$ 314,900
ROI
22.3
Cash Flow/m
218- 3 Bed
- 3 Bath
- 2588 sft
45559 Rathmore Dr, Macomb, MI, 48044
Listed for sale 6 days ago
$ 219,900
ROI
23.6Cash Flow/m
238- 2 Bed
- 2 Bath
- 1210 sft
16776 Glenmoor Blvd, Macomb, MI, 48044
Currently Rented
$ 219,999
ROI
27.9Cash Flow/m
496- 2 Bed
- 2 Bath
- 1138 sft
46101 Allenton Dr, Macomb, MI, 48044
$ 340,000
ROI
22.2Cash Flow/m
231- 2 Bed
- 2 Bath
- 1626 sft
52254 Mitchell Ln, 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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