Condo Investment Properties for Sale in Warren, MI
$ 129,000
ROI
23.2
Cash Flow/m
122- 2 Bed
- 2 Bath
- 2160 sft
28340 Queens Ct, Warren, MI, 48093
$ 121,900
ROI
41.1Cash Flow/m
740- 2 Bed
- 1 Bath
- 900 sft
29141 Hayes Rd, Warren, MI, 48088
$ 220,000
ROI
22.1Cash Flow/m
145- 2 Bed
- 2 Bath
- 2156 sft
4967 N Grand Oaks Dr, Warren, MI, 48092
$ 195,000
ROI
27.1Cash Flow/m
399- 2 Bed
- 1 Bath
- 1471 sft
15151 La Grande Plz, Warren, MI, 48088
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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