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

Listed for sale 3 days ago
$ 220,000
ROI
22.0
Cash Flow/m
134- 2 Bed
- 2 Bath
- 1918 sft
35533 Dove Trl #24, Westland, MI, 48185

Listed for sale 5 days ago
$ 299,900
ROI
22.0
Cash Flow/m
183- 2 Bed
- 2 Bath
- 1720 sft
36154 Abbey Dr, Westland, MI, 48185

$ 159,900
ROI
19.8
Cash Flow/m
3- 2 Bed
- 1 Bath
- 930 sft
1326 Shoemaker Dr #52, Westland, MI, 48185

$ 164,900
ROI
22.1
Cash Flow/m
110- 3 Bed
- 2 Bath
- 1003 sft
38142 Greenwood St, Westland, MI, 48185
Why Invest in Westland, Michigan?
Investing in condos in Westland, MI offers a solid opportunity for steady rental income and capital appreciation. The city's average ROI for condo investments hovers around 7%, supported by a rental yield near 6%. Favorable cap rates around 5.5% and average cash flow of $700 per month bolster the appeal for investors. Westland benefits from a stable renter-occupied rate of 48%, reflecting healthy demand. Appreciation in property values is steady at about 3% annually, making it an attractive market for real estate investors targeting condos.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$700/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in Westland is about 6%, which provides a solid return relative to regional markets.
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