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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Royal Oak, MI
Fix & Flip
$ 390,000
ROI
25.7
Cash Flow/m
642- 2 Bed
- 3 Bath
- 1500 sft
2500 Normandy Rd Unit 44, Royal Oak, MI, 48073
$ 290,000
ROI
26.2Cash Flow/m
518- 2 Bed
- 2 Bath
- 1721 sft
3403 Crooks Rd, Royal Oak, MI, 48073
$ 370,000
ROI
24.8Cash Flow/m
516- 2 Bed
- 2 Bath
- 1550 sft
1439 S Main St, Royal Oak, MI, 48067
$ 399,900
ROI
24.6Cash Flow/m
539- 2 Bed
- 3 Bath
- 1500 sft
2500 Normandy Rd Unit 69, Royal Oak, MI, 48073
Why Invest in Royal Oak, Michigan?
Investing in a townhouse in Royal Oak offers a unique opportunity for long-term growth. With a rental yield of 5.5% and an average cash flow of $300 monthly, this area boasts a strong tenant demand. The city's vibrant culture and proximity to major employers contribute to a competitive cap rate of 6%.
8%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$300/mo
Avg. Cash Flow
$1800/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for a townhouse in Royal Oak is approximately $1,800 per month, making it competitive in the market.
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