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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 5 days ago
$ 289,000
ROI
21.3
Cash Flow/m
125- 3 Bed
- 3 Bath
- 1450 sft
33362 Jefferson Ave, Saint Clair Shores, MI, 48082
$ 324,900
ROI
20.3Cash Flow/m
47- 2 Bed
- 2 Bath
- 1900 sft
2322 Country Club Dr, Saint Clair Shores, MI, 48082
$ 200,000
ROI
20.2Cash Flow/m
26- 2 Bed
- 2 Bath
- 1248 sft
1082 Country Club Dr #84, Saint Clair Shores, MI, 48082
$ 169,900
ROI
21.7Cash Flow/m
90- 2 Bed
- 1 Bath
- 1120 sft
22960 Marter Rd, Saint Clair Shores, MI, 48080
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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