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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Oscoda, MI
Listed for sale 1 day ago
$ 245,000
ROI
25.7
Cash Flow/m
408- 2 Bed
- 2 Bath
- 950 sft
244 E Water St, Oscoda, MI, 48750
Listed for sale 2 days ago
$ 109,500
ROI
21.6Cash Flow/m
57- 3 Bed
- 2 Bath
- 1255 sft
8028 S Alaska St Unit C, Oscoda, MI, 48750
$ 107,500
ROI
23.0Cash Flow/m
98- 1 Bed
- 1 Bath
- 504 sft
202 E Water St Unit 10, Oscoda, MI, 48750
Motivated Seller
$ 189,000
ROI
27.2Cash Flow/m
389- 1 Bed
- 2 Bath
- 760 sft
6522 N Us Highway 23 #9, 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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