Townhouse Investment Properties for Sale in Royal Oak, MI

Property at 127 N Georgetown Sq, Royal Oak, MI
$ 314,900
ROI
26.6ROI percentage
Cash Flow/m
Dollar sign603
  • 2 Bed
  • 3 Bath
  • 1520 sft
127 N Georgetown Sq, Royal Oak, MI, 48067
Property at 3551 Crooks Rd, Royal Oak, MI
$ 244,900
ROI
22.8ROI percentage
Cash Flow/m
Dollar sign208
  • 2 Bed
  • 2 Bath
  • 1731 sft
3551 Crooks Rd, Royal Oak, MI, 48073
Property at 680 W Eleven Mile Rd, Royal Oak, MI
$ 285,000
ROI
22.9ROI percentage
Cash Flow/m
Dollar sign252
  • 1 Bed
  • 2 Bath
  • 804 sft
680 W Eleven Mile Rd, Royal Oak, MI, 48067
Property at 533 E Harrison Ave Unit 38, Royal Oak, MI
$ 579,900
ROI
22.1ROI percentage
Cash Flow/m
Dollar sign326
  • 3 Bed
  • 4 Bath
  • 1875 sft
533 E Harrison Ave Unit 38, 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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