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 1152 Faulkner, Troy, MI
Listed for sale 4 days ago
$ 294,900
ROI
20.1ROI percentage
Cash Flow/m
Dollar sign30
  • 2 Bed
  • 2 Bath
  • 1179 sft
1152 Faulkner, Troy, MI, 48083
Property at 1568 Brentwood Dr, Troy, MI
$ 269,950
ROI
19.9ROI percentage
Cash Flow/m
Dollar sign12
  • 2 Bed
  • 2 Bath
  • 1494 sft
1568 Brentwood Dr, Troy, MI, 48098
Property at 1840 Axtell Dr APT 6, Troy, MI
Fix & Flip
$ 165,000
ROI
24.3ROI percentage
Cash Flow/m
Dollar sign210
  • 1 Bed
  • 1 Bath
  • 868 sft
1840 Axtell Dr APT 6, Troy, MI, 48084
Property at 1151 Alameda Blvd #1, Troy, MI
$ 299,900
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign359
  • 2 Bed
  • 2 Bath
  • 1457 sft
1151 Alameda Blvd #1, 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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