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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

Listed for sale 1 day ago
$ 189,000
ROI
23.3
Cash Flow/m
184- 2 Bed
- 2 Bath
- 1105 sft
2535 Dover Ln #31, Saint Joseph, MI, 49085

Listed for sale 3 days ago
$ 376,000
ROI
23.6
Cash Flow/m
398- 4 Bed
- 4 Bath
- 3056 sft
2547 Holiday House Rd, Saint Joseph, MI, 49085

Listed for sale 3 days ago
$ 281,000
ROI
23.3
Cash Flow/m
276- 2 Bed
- 3 Bath
- 1550 sft
2727 S Lakeshore Dr APT G-27, Saint Joseph, MI, 49085

Rental Income
$ 349,000
ROI
22.6
Cash Flow/m
273- 3 Bed
- 2 Bath
- 1420 sft
1221 Broad St APT 3, 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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