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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Okemos, MI
Listed for sale 6 days ago
$ 315,000
ROI
26.6
Cash Flow/m
604- 3 Bed
- 3 Bath
- 2125 sft
2064 Central Park Dr, Okemos, MI, 48864
$ 289,000
ROI
30.6Cash Flow/m
874- 2 Bed
- 2 Bath
- 1687 sft
1917 Danbury E, Okemos, MI, 48864
$ 249,900
ROI
27.1Cash Flow/m
509- 2 Bed
- 2 Bath
- 2346 sft
4485 Comanche Dr, Okemos, MI, 48864
$ 415,000
ROI
21.0Cash Flow/m
141- 3 Bed
- 3 Bath
- 1818 sft
3847 Zaharas Ln #19, 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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