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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Saint Clair Shores, MI
Listed for sale 1 day ago
$ 199,900
ROI
25.7
Cash Flow/m
329- 2 Bed
- 2 Bath
- 1125 sft
1021 Country Club Dr #23, Saint Clair Shores, MI, 48082
Listed for sale 7 days ago
$ 290,000
ROI
26.7Cash Flow/m
558- 2 Bed
- 2 Bath
- 1900 sft
2112 Country Club Dr, Saint Clair Shores, MI, 48082
$ 184,900
ROI
19.8Cash Flow/m
2- 2 Bed
- 1 Bath
- 1391 sft
22968 Gary Ln, Saint Clair Shores, MI, 48080
$ 330,000
ROI
20.4Cash Flow/m
55- 3 Bed
- 2 Bath
- 2023 sft
22560 Van Ct, Saint Clair Shores, MI, 48081
Why Invest in Saint Clair Shores, Michigan?
Saint Clair Shores, MI offers strong potential for condo investors seeking stable rental income near Detroit. Recent data shows median home values around $230K with 3-4% annual appreciation. Renter-occupied units exceed 30%, supporting reliable cash flow. Cap rates hover at 6-7% amid modest supply growth. Proximity to Lake St. Clair boosts long-term value for multifamily plays.
8.5%
Avg. ROI
6.2%
Rental Yield
6.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
Yes, with stable appreciation around 4% and rental yields of 6%, condos appeal to investors. Proximity to Detroit jobs supports demand. Focus on waterfront units for higher returns.
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