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

$ 215,000
ROI
26.7
Cash Flow/m
416- 2 Bed
- 3 Bath
- 1366 sft
28 Millstone Dr Unit 58, Waterford, MI, 48328

$ 190,000
ROI
24.2
Cash Flow/m
235- 2 Bed
- 2 Bath
- 1034 sft
30 Pine Tree Ridge Dr Unit 2, Waterford, MI, 48327

$ 239,900
ROI
28.3
Cash Flow/m
572- 2 Bed
- 3 Bath
- 1345 sft
7240 Lavender Ln #45, Waterford, MI, 48327

$ 179,900
ROI
31.2
Cash Flow/m
571- 2 Bed
- 2 Bath
- 1034 sft
3163 Hidden Ridge Dr, Waterford, MI, 48328
Why Invest in Waterford, Michigan?
Townhouses in Waterford, MI offer strong investment potential with competitive cap rates and steady appreciation. Home values rose 3.4% over the past year, with median prices around $265K. Rental yields average 6-7%, supported by a renter-occupied rate near 25%. Low vacancy and quick sales (under 30 days) make townhouses ideal for cash flow. Proximity to Detroit's growth enhances long-term ROI.
8.5%
Avg. ROI
6.8%
Rental Yield
6.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1650/mo
Avg. Rent
3.4%
1Y Appreciation
Frequently Asked Questions
Yes, townhouses offer solid rental yields around 6.8% and 3.4% appreciation. Quick sales and low vacancy make them reliable for cash flow. Proximity to Detroit jobs enhances value.
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