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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Northville, MI
Listed for sale 7 days ago
$ 559,000
ROI
23.9
Cash Flow/m
595- 2 Bed
- 4 Bath
- 2135 sft
526 Cannonade, Northville, MI, 48167
$ 288,500
ROI
23.1Cash Flow/m
265- 2 Bed
- 3 Bath
- 1536 sft
39444 Springwater Dr, Northville, MI, 48168
$ 249,900
ROI
22.9Cash Flow/m
218- 2 Bed
- 2 Bath
- 1508 sft
42750 Lyric Ct, Northville, MI, 48167
$ 319,990
ROI
22.2Cash Flow/m
217- 2 Bed
- 3 Bath
- 1837 sft
1146 Concord Ct, Northville, MI, 48167
Why Invest in Northville, Michigan?
Investing in townhouse properties in Northville, MI offers a balanced blend of suburban charm and strong economic fundamentals. Townhouses here typically exhibit solid rental yields and attractive cash flow, making them ideal for investors seeking stable monthly income. The area's appreciation rate and cap rates align well with Midwestern real estate trends, reflecting steady demand. With a renter-occupied rate above average for the state, investment in this filter can offer sustained occupancy and income opportunities.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for townhouses in Northville is approximately 6.5%, reflecting steady rental demand and moderate property values.
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