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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Stevensville, MI
$ 280,000
ROI
21.3
Cash Flow/m
118- 4 Bed
- 3 Bath
- 1886 sft
5514 Ivy Dr, Stevensville, MI, 49127
$ 339,900
ROI
24.9Cash Flow/m
489- 3 Bed
- 3 Bath
- 1980 sft
5543 Ivy Path #13, Stevensville, MI, 49127
$ 206,500
ROI
22.9Cash Flow/m
181- 3 Bed
- 2 Bath
- 1356 sft
2913 Pagoda Path #2, Stevensville, MI, 49127
$ 355,000
ROI
21.8Cash Flow/m
198- 2 Bed
- 2 Bath
- 1448 sft
1868 Peachtree Path, Stevensville, MI, 49127
Why Invest in Stevensville, Michigan?
Investing in condos in Stevensville, MI offers a unique opportunity to tap into a growing market with stable rental demand. The area shows an average ROI of 7.2%, supported by a solid rental yield of 6.5% and a cap rate of 5.8%. Average cash flow remains positive due to modest home appreciation rates around 3.1% yearly. This makes Stevensville condos attractive for investors looking to diversify in the Michigan real estate market.
7.2%
Avg. ROI
6.5%
Rental Yield
5.8%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Stevensville is approximately 6.5%, indicating a solid return on rental investments in this area.
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