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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
Listed for sale 5 days ago
$ 279,000
ROI
20.8
Cash Flow/m
79- 2 Bed
- 2 Bath
- 1360 sft
4003 Robin Hood Ln, Traverse City, MI, 49686
Listed for sale 6 days ago
$ 299,000
ROI
21.1Cash Flow/m
108- 2 Bed
- 3 Bath
- 1362 sft
1027 Fern St #1, Traverse City, MI, 49686
$ 250,000
ROI
27.2Cash Flow/m
517- 3 Bed
- 2 Bath
- 1334 sft
1715 Woodward Ave, Traverse City, MI, 49686
$ 220,000
ROI
26.5Cash Flow/m
411- 2 Bed
- 1 Bath
- 960 sft
3751 Vale Dr #1, 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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