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

$ 215,000
ROI
25.0
Cash Flow/m
312- 3 Bed
- 3 Bath
- 2464 sft
24105 Lathrup Blvd, Southfield, MI, 48075

$ 259,900
ROI
22.1
Cash Flow/m
172- 2 Bed
- 3 Bath
- 1441 sft
20318 Rodeo Ct, Southfield, MI, 48075

$ 270,000
ROI
20.1
Cash Flow/m
29- 3 Bed
- 3 Bath
- 1793 sft
17627 Windflower Dr, Southfield, MI, 48076

$ 169,000
ROI
24.3
Cash Flow/m
214- 2 Bed
- 2 Bath
- 1223 sft
15602 Stone Crossing Dr, Southfield, MI, 48075
Why Invest in Southfield, Michigan?
Investing in condos in Southfield, MI offers a promising opportunity for steady rental income and long-term appreciation. The city's rental yield and cap rate present attractive returns for investors focusing on multifamily and condo properties. With a growing renter-occupied population and average cash flow aligned with regional trends, Southfield stands as a strong market for real estate investment. The average return on investment (ROI) highlights the city's stability amid Michigan's housing market dynamics.
7.2%
Avg. ROI
6.3%
Rental Yield
5.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1250/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Southfield is approximately 6.3%, reflecting a favorable return for rental investors in the area.
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