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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Oscoda, MI
Airbnb Potential
Listed for sale 2 days ago
$ 189,000
ROI
23.5
Cash Flow/m
195- 2 Bed
- 2 Bath
- 1006 sft
7837 Cedar Lake Rd, Oscoda, MI, 48750
$ 186,000
ROI
24.9Cash Flow/m
265- 2 Bed
- 2 Bath
- 770 sft
5226 Washington Ave #103, Oscoda, MI, 48750
$ 185,500
ROI
28.3Cash Flow/m
442- 2 Bed
- 2 Bath
- 770 sft
5226 Washington Ave #301, Oscoda, MI, 48750
$ 105,000
ROI
22.1Cash Flow/m
68- 3 Bed
- 2 Bath
- 1255 sft
8111 Colorado St, Oscoda, MI, 48750
Why Invest in Oscoda, Michigan?
Investing in condo properties in Oscoda, MI presents a unique opportunity for real estate investors seeking stable rental income and moderate appreciation. The local market offers an average rental yield of 7.5% and a cap rate around 6.0%, supported by a renter-occupied rate of 52%. Investors can expect a reasonable average cash flow and ROI, making Oscoda condos appealing for both entry-level and experienced investors. These metrics reflect a balanced market with potential for steady growth and income over time.
8%
Avg. ROI
7.5%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Oscoda is approximately 7.5%, providing solid returns for rental property investors.
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