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

Townhouse Investment Properties for Sale in Novi, MI

Property at 25424 Orwell St, Novi, MI
Listed for sale 7 days ago
$ 560,990
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign69
  • 4 Bed
  • 4 Bath
  • 2223 sft
25424 Orwell St, Novi, MI, 48375
Property at 42831 Atwood Ave, Novi, MI
$ 558,990
ROI
22.7ROI percentage
Cash Flow/m
Dollar sign411
  • 4 Bed
  • 4 Bath
  • 2223 sft
42831 Atwood Ave, Novi, MI, 48375
Property at 41582 Hamlet Ln #68, Novi, MI
$ 280,000
ROI
22.4ROI percentage
Cash Flow/m
Dollar sign207
  • 2 Bed
  • 2 Bath
  • 1272 sft
41582 Hamlet Ln #68, Novi, MI, 48375
Property at 43071 Atwood Ave, Novi, MI
$ 515,000
ROI
23.6ROI percentage
Cash Flow/m
Dollar sign498
  • 4 Bed
  • 4 Bath
  • 2200 sft
43071 Atwood Ave, Novi, MI, 48375

Why Invest in Novi, Michigan?

Townhouse investments in Novi, MI provide a balanced opportunity for steady cash flow and appreciation. The local market offers an average ROI of 7.5% with rental yields consistently above 6%. Cap rates remain healthy, supporting investment stability in this suburban city. Novi's growing renter population and average rent of $1,350 contribute to attractive cash flow potential. This filter highlights the demand for townhouses, making it a strategic choice for investors targeting diversified portfolios.

7.5%
Avg. ROI
6.2%
Rental Yield
5.5%
Cap Rate
$350/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average ROI for townhouse investments in Novi is approximately 7.5%, driven by steady rental income and property appreciation.

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