Condo Investment Properties in Romulus, 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 Romulus, MI

Property at 32103 Augusta Dr, Romulus, MI
$ 225,000
ROI
29.7ROI percentage
Cash Flow/m
Dollar sign621
  • 2 Bed
  • 2 Bath
  • 1224 sft
32103 Augusta Dr, Romulus, MI, 48174
Property at 31433 Augusta Dr #75, Romulus, MI
$ 279,900
ROI
26.1ROI percentage
Cash Flow/m
Dollar sign492
  • 2 Bed
  • 2 Bath
  • 1228 sft
31433 Augusta Dr #75, Romulus, MI, 48174
Property at 28937 Whitby Dr #2, Romulus, MI
$ 195,000
ROI
19.8ROI percentage
Cash Flow/m
Dollar sign4
  • 2 Bed
  • 3 Bath
  • 1507 sft
28937 Whitby Dr #2, Romulus, MI, 48174
Property at 28813 Cullen Dr, Romulus, MI
$ 184,000
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign320
  • 2 Bed
  • 2 Bath
  • 1357 sft
28813 Cullen Dr, Romulus, MI, 48174

Why Invest in Romulus, Michigan?

Investing in condos in Romulus, MI offers a unique opportunity to tap into a growing rental market near Detroit Metropolitan Airport. With average rental yields around 7% and competitive cap rates, condos here provide steady cash flow. The area boasts strong renter occupancy rates near 85% and stable appreciation trends, making it attractive for investors seeking balanced growth and income. Focused investment in this filter highlights affordability combined with proximity to major transport and employment hubs.

8%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in Romulus is approximately 7%, reflecting a strong rental market and steady tenant demand.

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