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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Townhouse Investment Properties for Sale in Washington Township, MI
$ 356,795
ROI
37.4
Cash Flow/m
1756- 2 Bed
- 3 Bath
- 1777 sft
8557 Grove St, Washington Township, MI, 48094
$ 394,760
ROI
21.0Cash Flow/m
132- 2 Bed
- 3 Bath
- 2025 sft
8575 Grove St, Washington Township, MI, 48094
$ 353,320
ROI
21.4Cash Flow/m
156- 2 Bed
- 3 Bath
- 1777 sft
8569 Grove St, Washington Township, MI, 48094
$ 360,795
ROI
39.5Cash Flow/m
1988- 3 Bed
- 3 Bath
- 1777 sft
8554 Grove St, Washington Township, MI, 48094
Why Invest in Washington Township, Michigan?
Investing in townhouse properties in Washington Township, MI presents a unique opportunity for rental income generation with a solid average ROI of 7.2%. Townhouses appeal to families and professionals, offering a strong rental yield of approximately 5.5%, coupled with a cap rate near 6.0%. Investors can expect an average cash flow around $350 per month and a stable appreciation rate of 3.5%. The renter-occupied rate remains healthy at 62%, supported by local economic growth and residential demand.
7.2%
Avg. ROI
5.5%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for townhouses in Washington Township is approximately 7.2%, reflecting solid rental demand and appreciation potential.
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