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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
Listed for sale 4 days ago
$ 219,900
ROI
28.6
Cash Flow/m
539- 2 Bed
- 2 Bath
- 1245 sft
1813 Torquay Ave #7, Royal Oak, MI, 48073
$ 359,900
ROI
23.4Cash Flow/m
365- 2 Bed
- 3 Bath
- 1135 sft
165 N Georgetown Sq, Royal Oak, MI, 48067
$ 350,000
ROI
21.9Cash Flow/m
208- 2 Bed
- 2 Bath
- 1200 sft
135 W Kenilworth Ave, Royal Oak, MI, 48067
$ 335,000
ROI
22.5Cash Flow/m
259- 2 Bed
- 2 Bath
- 1180 sft
1512 Maryland Club Dr, Royal Oak, MI, 48067
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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