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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Rockford, MI
$ 245,000
ROI
22.0
Cash Flow/m
155- 2 Bed
- 2 Bath
- 1080 sft
8507 Courtland Dr NE #4, Rockford, MI, 49341
$ 349,900
ROI
22.3Cash Flow/m
248- 3 Bed
- 3 Bath
- 1572 sft
6736 Promenade St NE #30, Rockford, MI, 49341
$ 359,000
ROI
24.9Cash Flow/m
518- 3 Bed
- 3 Bath
- 1525 sft
6622 S Square Ln, Rockford, MI, 49341
$ 319,900
ROI
19.9Cash Flow/m
14- 2 Bed
- 2 Bath
- 1354 sft
155 Tamarack Ln 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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