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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Rochester, MI
Listed for sale 2 days ago
$ 280,000
ROI
24.7
Cash Flow/m
387- 2 Bed
- 2 Bath
- 1118 sft
301 Meadow Bridge Dr, Rochester, MI, 48307
Listed for sale 6 days ago
$ 269,000
ROI
21.3Cash Flow/m
117- 2 Bed
- 3 Bath
- 1994 sft
1432 Oakbrook E, Rochester, MI, 48307
$ 325,000
ROI
27.2Cash Flow/m
676- 2 Bed
- 2 Bath
- 1801 sft
2849 Trailwood Dr, Rochester, MI, 48309
$ 299,900
ROI
22.7Cash Flow/m
246- 3 Bed
- 3 Bath
- 1452 sft
1395 Crescent Ln, Rochester, MI, 48306
Why Invest in Rochester, Michigan?
Investing in condos in Rochester, MI offers a strategic opportunity due to the city's strong rental market and steady appreciation rates. The area showcases an average ROI of 7%, with rental yields around 6%. Cap rates are favorable at roughly 5%, supporting solid cash flow for investors. This market benefits from a renter-occupied rate near 40%, making condo investments appealing in a growing suburban environment.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Rochester, MI is approximately 6%, making it an attractive option for real estate investors seeking steady income.
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