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

Condo Investment Properties for Sale in Milford, MI

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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