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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Saint Joseph, MI

$ 269,000
ROI
21.1
Cash Flow/m
101- 2 Bed
- 3 Bath
- 1746 sft
2553 Bristol Ter, Saint Joseph, MI, 49085

$ 265,000
ROI
23.4
Cash Flow/m
270- 2 Bed
- 3 Bath
- 1548 sft
2727 S Lakeshore Dr APT C-11, Saint Joseph, MI, 49085

$ 339,000
ROI
20.1
Cash Flow/m
34- 2 Bed
- 3 Bath
- 1459 sft
2443 Shoreham Highlands St, Saint Joseph, MI, 49085

$ 259,000
ROI
24.4
Cash Flow/m
335- 2 Bed
- 2 Bath
- 1650 sft
2514 Essex Ct #52, Saint Joseph, MI, 49085
Why Invest in Saint Joseph, Michigan?
Investing in Saint Joseph, MI condos offers a solid opportunity with competitive average ROI and steady appreciation. This lakeside city has an average cap rate around 6%, rental yields near 7%, and consistent renter occupancy above 50%. The condo market benefits from demand driven by tourism and local employment growth. Cash flow averages remain attractive given the moderate rent levels and appreciation forecasts.
7%
Avg. ROI
6.5%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Saint Joseph is approximately 6.5%, reflecting steady demand in this lakeside market.
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