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

Condo Investment Properties for Sale in Troy, MI

Property at 2994 Roundtree Dr, Troy, MI
$ 245,000
ROI
20.3ROI percentage
Cash Flow/m
Dollar sign33
  • 2 Bed
  • 1 Bath
  • 1894 sft
2994 Roundtree Dr, Troy, MI, 48083
Property at 2887 Roundtree Dr, Troy, MI
$ 224,900
ROI
20.2ROI percentage
Cash Flow/m
Dollar sign26
  • 3 Bed
  • 1 Bath
  • 1015 sft
2887 Roundtree Dr, Troy, MI, 48083
Property at 1466 Ashford Ct, Troy, MI
$ 354,900
ROI
22.6ROI percentage
Cash Flow/m
Dollar sign285
  • 2 Bed
  • 3 Bath
  • 1872 sft
1466 Ashford Ct, Troy, MI, 48084
Property at 4404 Navin Field Ln, Troy, MI
$ 749,000
ROI
23.5ROI percentage
Cash Flow/m
Dollar sign696
  • 3 Bed
  • 4 Bath
  • 3705 sft
4404 Navin Field Ln, Troy, MI, 48085

Why Invest in Troy, Michigan?

Investing in condos in Troy, MI offers a solid opportunity for real estate investors seeking stable rental income and steady appreciation. Troy's growing economy supports a rental yield of approximately 6%, with average cash flow favorable for multifamily investment. The area’s cap rate stands around 7%, showcasing its attractiveness compared to other Midwestern cities. Factors such as a robust renter-occupied rate and consistent property appreciation enhance condo investment potential in this city.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in Troy is approximately 6%, making it a solid choice for investors seeking steady rental income.

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