Townhouse Investment Properties in Traverse City, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Townhouse Investment Properties for Sale in Traverse City, MI

Property at 3975 Sherwood Forest Dr #21, Traverse City, MI
$ 349,900
ROI
23.2ROI percentage
Cash Flow/m
Dollar sign338
  • 2 Bed
  • 3 Bath
  • 1976 sft
3975 Sherwood Forest Dr #21, Traverse City, MI, 49686
Property at 2985 Emerald Isle, Traverse City, MI
$ 289,900
ROI
22.0ROI percentage
Cash Flow/m
Dollar sign181
  • 2 Bed
  • 2 Bath
  • 962 sft
2985 Emerald Isle, Traverse City, MI, 49684
Property at 305 E 8th St, Traverse City, MI
$ 425,000
ROI
20.7ROI percentage
Cash Flow/m
Dollar sign111
  • 2 Bed
  • 2 Bath
  • 1056 sft
305 E 8th St, Traverse City, MI, 49684
Property at 3906 Sherwood Forest Dr #19, Traverse City, MI
$ 265,000
ROI
24.5ROI percentage
Cash Flow/m
Dollar sign353
  • 2 Bed
  • 2 Bath
  • 1051 sft
3906 Sherwood Forest Dr #19, Traverse City, MI, 49686

Why Invest in Traverse City, Michigan?

Investing in townhouses in Traverse City, MI, offers an attractive opportunity for growth. With a average cash flow of $1,500 and a rental yield of 6%, investors can expect steady returns while enjoying the area's natural beauty and charm. The local market has seen a consistent appreciation rate of 4% annually, alongside a supportive rental market.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1500/mo
Avg. Cash Flow
$2500/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rental price for townhouses in Traverse City is around $2,500 per month, which reflects the area's demand and the quality of living.

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