Condo Investment Properties for Sale in Portage, MI
Listed for sale 7 days ago
$ 419,000
ROI
26.3
Cash Flow/m
764- 4 Bed
- 3 Bath
- 2582 sft
1130 Coral Springs Dr, Portage, MI, 49002
$ 354,900
ROI
21.0Cash Flow/m
126- 3 Bed
- 3 Bath
- 2293 sft
9548 Marco Dr, Portage, MI, 49002
$ 225,000
ROI
22.4Cash Flow/m
165- 2 Bed
- 2 Bath
- 1170 sft
4128 W Centre Ave APT 205, Portage, MI, 49024
$ 225,000
ROI
22.3Cash Flow/m
156- 3 Bed
- 2 Bath
- 1296 sft
10093 Pepperell Ct, Portage, MI, 49024
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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