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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Okemos, MI
$ 415,000
ROI
21.0
Cash Flow/m
141- 3 Bed
- 3 Bath
- 1818 sft
3847 Zaharas Ln #19, Okemos, MI, 48864
$ 595,000
ROI
20.1Cash Flow/m
15- 3 Bed
- 2 Bath
- 2260 sft
2842 Carnoustie Dr, Okemos, MI, 48864
$ 414,900
ROI
21.3Cash Flow/m
172- 3 Bed
- 4 Bath
- 2168 sft
2718 Elderberry Dr, Okemos, MI, 48864
$ 269,900
ROI
22.1Cash Flow/m
177- 3 Bed
- 3 Bath
- 1586 sft
3726 Cavalier Dr, Okemos, MI, 48864
Why Invest in Okemos, Michigan?
Investing in Okemos, MI condos offers a unique opportunity in a stable and growing market. The area benefits from a strong rental yield averaging around 7%, with cap rates near 6%, reflecting healthy cash flow potential. Appreciation rates hover around 3.5%, supported by consistent renter occupancy rates above 60%. Local economic conditions show steady income growth and job availability, making condos in Okemos attractive for long-term real estate investment.
7.2%
Avg. ROI
6.8%
Rental Yield
5.9%
Cap Rate
$1200/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Okemos is approximately 6.8%, reflecting solid income potential for investors.
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