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

Townhouse Investment Properties for Sale in Traverse City, MI

Property at 1026 Centre St, Traverse City, MI
$ 409,000
ROI
21.5ROI percentage
Cash Flow/m
Dollar sign197
  • 2 Bed
  • 3 Bath
  • 1311 sft
1026 Centre St, Traverse City, MI, 49686
Property at 3955 Emily Ln, Traverse city, MI
Airbnb Potential
$ 255,000
ROI
28.1ROI percentage
Cash Flow/m
Dollar sign594
  • 2 Bed
  • 2 Bath
  • 1284 sft
3955 Emily Ln, Traverse city, MI, 49686
Property at 3845 Sherwood Forest Dr, Traverse City, MI
$ 289,000
ROI
22.3ROI percentage
Cash Flow/m
Dollar sign204
  • 2 Bed
  • 3 Bath
  • 1356 sft
3845 Sherwood Forest Dr, Traverse City, MI, 49686
Property at 1424 Newport St, Traverse City, MI
$ 439,900
ROI
21.6ROI percentage
Cash Flow/m
Dollar sign221
  • 3 Bed
  • 3 Bath
  • 1560 sft
1424 Newport St, 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.

Find Your Perfect Investment Property in Traverse City, Michigan

Explore investment opportunities by strategy, performance, or property type

Buy & Hold Rentals in Traverse City, MI
Fix and Flip Properties in Traverse City, MI
Short-Term Rental Properties in Traverse City, MI
AI