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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Milford, MI

$ 560,000
ROI
23.5
Cash Flow/m
524- 3 Bed
- 4 Bath
- 3200 sft
609 Telya Rdg, Milford, MI, 48381

$ 461,000
ROI
23.4
Cash Flow/m
468- 3 Bed
- 3 Bath
- 2860 sft
1128 Eagle Nest Dr, Milford, MI, 48381

$ 330,000
ROI
31.6
Cash Flow/m
1089- 3 Bed
- 3 Bath
- 2655 sft
638 Woodside Dr, Milford, MI, 48381

$ 435,000
ROI
36.1
Cash Flow/m
1983- 4 Bed
- 4 Bath
- 3650 sft
3481 Silver Stone Dr, Milford, MI, 48380
Why Invest in Milford, Michigan?
Investing in condos in Milford, MI, offers a mix of stable rental yields and appreciating property values. The local rental market demonstrates an average rental yield of 7%, supported by a steadily growing renter-occupied rate near 55%. A cap rate of 6% and average ROI of 8% indicate promising returns for investors focused on condo properties. Average rent prices remain affordable at around $1,200 monthly, making Milford condos attractive investment opportunities in Southeast Michigan.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Milford, MI, is approximately 7%, reflecting a robust rental market and steady demand.
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