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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Waterford Township, MI
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Here are some other similar properties you might be interested in:
Fix & Flip
Listed for sale 1 day ago
$ 100,000
ROI
24.3
Cash Flow/m
128- 3 Bed
- 2 Bath
- 1248 sft
2216 S 17th St, Niles, MI, 49120
Listed for sale 2 days ago
$ 100,000
ROI
24.7Cash Flow/m
137- 2 Bed
- 1 Bath
- 884 sft
1427 N Abbe Rd, Fairview, MI, 48621
Listed for sale 7 days ago
$ 100,000
ROI
23.0Cash Flow/m
92- 2 Bed
- 1 Bath
- 1045 sft
3022 Begole St, Flint, MI, 48504
Listed for sale 7 days ago
$ 100,000
ROI
23.8Cash Flow/m
114- 4 Bed
- 2 Bath
- 825 sft
14297 Wisconsin St, Detroit, MI, 48238
$ 100,000
ROI
23.4Cash Flow/m
103- 2 Bed
- 1 Bath
- 924 sft
991 Ogden Ave, Benton Harbor, MI, 49022
$ 100,000
ROI
1.8Gross Rent Yield
9.1- 3 Bed
- 2 Bath
- 1600 sft
11229 Shady Grove Ct, South Lyon, MI, 48178
$ 100,000
ROI
24.7Cash Flow/m
137- 2 Bed
- 1 Bath
- 666 sft
24357 Lauren Ave, Warren, MI, 48089
Fix & Flip
$ 100,000
ROI
24.1Cash Flow/m
122- 3 Bed
- 1 Bath
- 1800 sft
12961 Spruce St, Wolverine, MI, 49799
$ 100,000
ROI
24.9Cash Flow/m
144- 3 Bed
- 1 Bath
- 1344 sft
352 N Perry St, Pontiac, MI, 48342
$ 100,000
ROI
23.1Cash Flow/m
94- 3 Bed
- 1 Bath
- 1010 sft
364 W Greenwood Rd, Alger, MI, 48610
$ 100,000
ROI
23.7Cash Flow/m
109- - Bed
- - Bath
- - sft
12755 S Marina Village Dr #44, Traverse City, MI, 49684
$ 100,000
ROI
24.5Cash Flow/m
131- 3 Bed
- 3 Bath
- 1023 sft
18905 Woodland St, Harper Woods, MI, 48225
$ 100,000
ROI
23.6Cash Flow/m
108- 2 Bed
- 1 Bath
- 720 sft
714 E North St, Saint Charles, MI, 48655
Fix & Flip
$ 100,000
ROI
24.3Cash Flow/m
127- 6 Bed
- 2 Bath
- 2388 sft
402 N Huron St, Albion, MI, 49224
$ 100,000
ROI
(9.7)Gross Rent Yield
9.5- 2 Bed
- 2 Bath
- 930 sft
333 E Lakewood Blvd Lot 69, Holland, MI, 49424
Fix & Flip
$ 100,000
ROI
23.7Cash Flow/m
109- 3 Bed
- 2 Bath
- 1296 sft
516 Morrison Ave, Bangor, MI, 49013
$ 100,000
ROI
24.9Cash Flow/m
143- 3 Bed
- 1 Bath
- 1000 sft
4970 Center St, Fairgrove, MI, 48733
$ 100,000
ROI
25.0Cash Flow/m
145- 2 Bed
- 1 Bath
- 720 sft
240 25th St N, Springfield, MI, 49037
Fix & Flip
Rental Income
$ 100,000
ROI
24.3Cash Flow/m
128- 3 Bed
- 1 Bath
- 1485 sft
51 Beckwith Dr, Galesburg, MI, 49053
$ 100,000
ROI
24.8Cash Flow/m
141- 2 Bed
- 1 Bath
- 1080 sft
26396 Pennie St, Dearborn Heights, MI, 48125
$ 100,000
ROI
4.8Gross Rent Yield
9.3- 3 Bed
- 2 Bath
- 1244 sft
7298 Oak Brook Cir, Portage, MI, 49002
$ 100,000
ROI
24.4Cash Flow/m
129- 2 Bed
- 1 Bath
- 1320 sft
218 S Cherry St, Flushing, MI, 48433
$ 100,000
ROI
24.8Cash Flow/m
140- 2 Bed
- 1 Bath
- 804 sft
2720 Worden St, Norton Shores, MI, 49444
Currently Rented
Rental Income
$ 100,000
ROI
24.8Cash Flow/m
141- 3 Bed
- 1 Bath
- 1208 sft
2118 7th St, Muskegon Heights, MI, 49444
Why Invest in Waterford Township, Michigan?
Investing in condos in Waterford Township, MI offers an attractive opportunity for stable rental income and reasonable appreciation. The area shows an average ROI of around 7%, with rental yields near 6%. Cap rates for condo properties stand at approximately 5.5%, indicating a balanced market. Average monthly cash flow and rent levels present a favorable environment for steady income. Additionally, a renter-occupied rate of about 40% highlights consistent tenant demand in this suburb of Detroit.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$300/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Waterford Township is around 6%, making it a solid option for investors seeking consistent rental income.
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