Condo Investment Properties for Sale in Saranac, MI
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Here are some other similar properties you might be interested in:
Listed for sale 1 day ago
$ 100,000
ROI
-
Cash Flow/m
-- 3 Bed
- 2 Bath
- 1200 sft
6065 E Millbrook Rd, Shepherd, MI, 48883
Listed for sale 5 days ago
$ 100,000
ROI
24.4Cash Flow/m
129- 3 Bed
- 1 Bath
- 1210 sft
2504 N Smith St, Sanford, MI, 48657
Currently Rented
Rental Income
Section 8
$ 100,000
ROI
23.2Cash Flow/m
96- 3 Bed
- 1 Bath
- 1589 sft
16532 Lauder St, Detroit, MI, 48235
$ 100,000
ROI
23.4Cash Flow/m
102- 3 Bed
- 2 Bath
- 1008 sft
680 Eugene St, Ypsilanti, MI, 48198
Fix & Flip
$ 100,000
ROI
24.0Cash Flow/m
119- 2 Bed
- 1 Bath
- 1336 sft
23786 Cushing Ave, Eastpointe, MI, 48021
Fix & Flip
Motivated Seller
$ 100,000
ROI
24.3Cash Flow/m
127- 3 Bed
- 1 Bath
- 860 sft
4409 Gertrude St, Dearborn Heights, MI, 48125
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 1 Bath
- 1043 sft
508 S Kiesel St, Bay City, MI, 48706
Fix & Flip
$ 100,000
ROI
24.2Cash Flow/m
125- 2 Bed
- 1 Bath
- 1100 sft
3185 Delaney St, Flint, MI, 48506
$ 100,000
ROI
23.5Cash Flow/m
104- 2 Bed
- 2 Bath
- 1064 sft
50197 Wedgewood Ct N #644, Utica, MI, 48315
$ 100,000
ROI
17.0Gross Rent Yield
9.1- 2 Bed
- 1 Bath
- 882 sft
12672 Elaine Dr, Southgate, MI, 48195
$ 100,000
ROI
-Cash Flow/m
-- 1 Bed
- 1 Bath
- 384 sft
33048 W North Rd, Eckerman, MI, 49728
$ 100,000
ROI
24.8Cash Flow/m
140- 3 Bed
- 2 Bath
- 1344 sft
5486 Spring Creek Dr, Howell, MI, 48843
$ 100,000
ROI
24.0Cash Flow/m
117- 4 Bed
- 2 Bath
- 1188 sft
3204 Weigl Rd, Saginaw, MI, 48609
$ 100,000
ROI
24.3Cash Flow/m
127- 2 Bed
- 1 Bath
- 1129 sft
317 Woodworth St, Corunna, MI, 48817
Airbnb Potential
$ 100,000
ROI
24.0Cash Flow/m
117- 3 Bed
- 1 Bath
- 1270 sft
321 Ely St, Alma, MI, 48801
Fix & Flip
Motivated Seller
$ 100,000
ROI
23.4Cash Flow/m
102- 3 Bed
- 1 Bath
- - sft
810 Snedeker Rd, Webberville, MI, 48892
Fix & Flip
$ 100,000
ROI
23.5Cash Flow/m
104- 3 Bed
- 1 Bath
- 960 sft
2671 Fish Lake Rd, Lapeer, MI, 48446
$ 100,000
ROI
8.9Gross Rent Yield
9.4- 3 Bed
- 2 Bath
- 1248 sft
1637 Candytuft Ct, Albion, MI, 49224
$ 100,000
ROI
9.5Gross Rent Yield
9.1- 1 Bed
- 1 Bath
- 707 sft
3001 Williamsburg Dr, Ann Arbor, MI, 48108
$ 100,000
ROI
23.1Cash Flow/m
94- 2 Bed
- 2 Bath
- 896 sft
18481 Twelve Mile Rd, Big Rapids, MI, 49307
$ 100,000
ROI
24.0Cash Flow/m
118- 3 Bed
- 2 Bath
- 1360 sft
69669 Gumwood Rd, Niles, MI, 49120
Currently Rented
$ 100,000
ROI
23.3Cash Flow/m
99- 2 Bed
- 1 Bath
- 804 sft
611 Beach St, Mount Morris, MI, 48458
$ 100,000
ROI
23.8Cash Flow/m
112- 2 Bed
- 1 Bath
- 780 sft
408 W Wheaton Ave, Clare, MI, 48617
$ 100,000
ROI
24.2Cash Flow/m
124- 2 Bed
- 1 Bath
- 660 sft
324 W Hudson Ave, Madison Heights, MI, 48071
Why Invest in Saranac, Michigan?
Investing in condos in Saranac, MI offers a unique opportunity to capitalize on the steady rental demand in this growing community. With an average ROI of 7.8% and a rental yield of 8.5%, condos here are attractive for investors seeking consistent cash flow. The cap rate stands at a solid 6.1%, while average cash flow and appreciation rates also reflect a stable market. A high renter-occupied rate of 60% suggests strong tenant interest, making Saranac condos an appealing choice for real estate investment.
7.8%
Avg. ROI
8.5%
Rental Yield
6.1%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Saranac, MI is approximately 8.5%, indicating strong returns for investors in this property type.
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