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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Portage, MI

$ 475,000
ROI
27.0
Cash Flow/m
951- 3 Bed
- 3 Bath
- 3193 sft
9470 Sassafras Trl, Portage, MI, 49002

$ 309,900
ROI
21.7
Cash Flow/m
165- 2 Bed
- 3 Bath
- 2194 sft
1375 Estero Dr, Portage, MI, 49002

$ 190,000
ROI
20.1
Cash Flow/m
21- 2 Bed
- 1 Bath
- 1277 sft
3262 Wimbledon Dr, Portage, MI, 49024

$ 524,900
ROI
22.8
Cash Flow/m
397- 3 Bed
- 3 Bath
- 3072 sft
9456 Sassafras Trl, Portage, MI, 49002
Why Invest in Portage, Michigan?
Investing in condos in Portage, MI offers an attractive opportunity with steady rental yields and competitive cap rates. The city’s growing economy supports an average ROI around 7%, bolstered by a cash flow favorable for multifamily units. Appreciation trends remain positive, averaging near 3% annually. Portage's renter-occupied rate signals solid tenant demand, making condo investments a reliable choice for real estate portfolios.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average return on investment for condos in Portage is around 7%, supported by solid rental income and appreciation rates.
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