Condo Investment Properties for Sale in Washington, MI

Property at 58888 Gallery Ct, Washington, MI
$ 599,000
ROI
20.3ROI percentage
Cash Flow/m
Dollar sign44
  • 3 Bed
  • 3 Bath
  • 2513 sft
58888 Gallery Ct, Washington, MI, 48094
Property at 67976 Van Dyke Rd Unit 15, Washington, MI
$ 185,000
ROI
24.7ROI percentage
Cash Flow/m
Dollar sign252
  • 2 Bed
  • 2 Bath
  • 1311 sft
67976 Van Dyke Rd Unit 15, Washington, MI, 48095
Property at 6825 Boulder Pointe Dr, Washington, MI
$ 369,900
ROI
30.4ROI percentage
Cash Flow/m
Dollar sign1094
  • 2 Bed
  • 3 Bath
  • 2880 sft
6825 Boulder Pointe Dr, Washington, MI, 48094
Property at 57554 Brookfield Way, Washington, MI
$ 439,900
ROI
26.8ROI percentage
Cash Flow/m
Dollar sign859
  • 2 Bed
  • 4 Bath
  • 3089 sft
57554 Brookfield Way, Washington, MI, 48094

Why Invest in Washington, Michigan?

Investing in condos in Washington, MI offers a unique opportunity in a growing market with stable rental demand. The area boasts an average ROI of 7.5% for condo properties supported by solid rental yields and cap rates around 6%. With average monthly rents near $1,200 and steady appreciation, condos provide consistent cash flow for investors. Recent trends show a renter-occupied rate of approximately 45%, highlighting strong tenant interest. Economic growth and a diversified job market make Washington, MI a promising space for condo investments.

7.5%
Avg. ROI
5.8%
Rental Yield
6%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.2%
1Y Appreciation

Frequently Asked Questions

The average rental yield for condos in Washington, MI is approximately 5.8%, making it a competitive market for rental investments.

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