Condo Investment Properties for Sale in Waterford, MI
$ 209,000
ROI
28.6
Cash Flow/m
512- 3 Bed
- 3 Bath
- 1534 sft
3574 W Walton Blvd #2, Waterford, MI, 48329
$ 365,900
ROI
25.7Cash Flow/m
600- 3 Bed
- 3 Bath
- 1740 sft
3963 Lotus Landing Cir, Waterford, MI, 48329
$ 349,900
ROI
21.2Cash Flow/m
141- 3 Bed
- 3 Bath
- 1750 sft
5590 River Park Ct, Waterford, MI, 48327
$ 156,000
ROI
21.3Cash Flow/m
66- 2 Bed
- 1 Bath
- 956 sft
7611 Woodview Dr, Waterford, MI, 48327
Why Invest in Waterford, Michigan?
Investing in **condos** in Waterford, MI offers strong potential for rental income and appreciation in this growing Detroit suburb. Home values have risen 3-5% annually, with median prices around $265K-$279K. Renter-occupied rates exceed 25%, supporting steady cash flow. Cap rates hover at 6-7%, bolstered by proximity to employment hubs. Moderate supply and competitive market favor long-term investors.
7.2%
Avg. ROI
6.1%
Rental Yield
6.5%
Cap Rate
$420/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer solid rental yields around 6% and appreciation of 4% annually. Low vacancy and proximity to Detroit jobs support cash flow. Competitive market favors prepared investors.
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