Condo Investment Properties in Rockford, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Condo Investment Properties for Sale in Rockford, MI

Property at 6897 Myers Lake Ave NE, Rockford, MI
Listed for sale 1 day ago
$ 344,999
ROI
26.4ROI percentage
Cash Flow/m
Dollar sign633
  • 3 Bed
  • 3 Bath
  • 1572 sft
6897 Myers Lake Ave NE, Rockford, MI, 49341
Property at 6722 Promenade St, Rockford, MI
$ 344,900
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign438
  • 2 Bed
  • 3 Bath
  • 1572 sft
6722 Promenade St, Rockford, MI, 49341
Property at 155 Tamarack Ln NE, Rockford, MI
$ 329,900
ROI
20.5ROI percentage
Cash Flow/m
Dollar sign73
  • 2 Bed
  • 2 Bath
  • 1354 sft
155 Tamarack Ln NE, Rockford, MI, 49341
Property at 169 Hunters Ln NE #46, Rockford, MI
$ 204,900
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign163
  • 1 Bed
  • 1 Bath
  • 926 sft
169 Hunters Ln NE #46, 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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