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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Prudenville, MI
$ 184,900
ROI
20.8
Cash Flow/m
53- 3 Bed
- 2 Bath
- 1500 sft
209 White Deer Trl Unit 14, Prudenville, MI, 48651
$ 150,000
ROI
25.8Cash Flow/m
252- 2 Bed
- 1 Bath
- 600 sft
630 W Houghton Lake Dr, Prudenville, MI, 48651
$ 195,000
ROI
21.2Cash Flow/m
79- 2 Bed
- 2 Bath
- 1300 sft
207 White Deer Trl, Prudenville, MI, 48651
$ 195,000
ROI
20.5Cash Flow/m
41- 2 Bed
- 2 Bath
- 1300 sft
207 White Deer Trl Unit 11, Prudenville, MI, 48651
Why Invest in Prudenville, Michigan?
Investing in condo properties in Prudenville, MI offers a unique opportunity to capitalize on a growing market with stable rental yields. The city's average cash flow and cap rates are attractive for investors seeking balanced returns. With a steady average ROI around 7% and an increasing renter-occupied rate, condos here are prime for long-term gains. Appreciation trends indicate moderate property value growth, making Prudenville a strategic location for real estate investment focused on condos.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$500/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for condos in Prudenville is approximately 7%, offering solid returns relative to local market conditions.
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