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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Warren, MI

Listed for sale 5 days ago
$ 220,000
ROI
21.6
Cash Flow/m
111- 2 Bed
- 2 Bath
- 1156 sft
29683 Beech Nut Dr, Warren, MI, 48092

$ 187,000
ROI
25.3
Cash Flow/m
288- 2 Bed
- 3 Bath
- 2254 sft
31897 John Michael Cir, Warren, MI, 48093

$ 250,000
ROI
21.5
Cash Flow/m
124- 2 Bed
- 2 Bath
- 1303 sft
26013 Ranger Ave, Warren, MI, 48091

$ 185,000
ROI
20.3
Cash Flow/m
26- 2 Bed
- 2 Bath
- 1217 sft
31980 Mark Adam Lange, Warren, MI, 48093
Why Invest in Warren, Michigan?
Warren, MI offers strong opportunities for condo investors seeking steady cash flow and appreciation in a competitive market. Recent data shows home values up 13.3% year-over-year with median prices around $220K[1]. Rental yields average 6-7% supported by stable demand and low vacancy. Cap rates hover at 7-8% making condos attractive for passive income. Proximity to Detroit's job centers enhances long-term growth potential.
8.5%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1344/mo
Avg. Rent
5.4%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6-7% and cap rates of 7-8% due to strong demand. Low vacancy and 5%+ appreciation make them reliable for cash flow. Proximity to jobs enhances tenant stability.
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