Condo Investment Properties for Sale in Rockford, MI
$ 239,900
ROI
27.4
Cash Flow/m
510- 2 Bed
- 2 Bath
- 1126 sft
217 Hunters Ln NE #6, Rockford, MI, 49341
$ 237,900
ROI
27.7Cash Flow/m
523- 2 Bed
- 2 Bath
- 1126 sft
194 Hunters Ln NE #37, Rockford, MI, 49341
$ 290,000
ROI
21.2Cash Flow/m
115- 2 Bed
- 2 Bath
- 1050 sft
7079 W Cannon Place Dr NE, Rockford, MI, 49341
$ 435,000
ROI
22.9Cash Flow/m
379- 3 Bed
- 3 Bath
- 1644 sft
6670 Promenade St NE, Rockford, MI, 49341
Why Invest in Rockford, Michigan?
Investing in condos in Rockford, MI offers a promising opportunity with a stable rental market and reasonable property values. This location boasts an average ROI of 7.2% and a rental yield around 6%, making it attractive for income-focused investors. The cap rate is competitive at 5.5%, supported by steady appreciation rates near 3%. With an average monthly rent of $1,200 and positive cash flow potential, Rockford condos present a balanced market for long-term growth.
7.2%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$150/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Rockford is approximately 6%, reflecting solid income potential for investors.
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