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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in White Lake, MI
Listed for sale 6 days ago
$ 309,900
ROI
23.8
Cash Flow/m
346- 3 Bed
- 3 Bath
- 1586 sft
8055 Springdale Dr, White Lake, MI, 48386
$ 140,000
ROI
24.8Cash Flow/m
194- 1 Bed
- 1 Bath
- 949 sft
8365 Pontiac Lake Rd APT 12, White Lake, MI, 48386
$ 675,000
ROI
22.0Cash Flow/m
354- 4 Bed
- 4 Bath
- 3998 sft
6304 Pennington Dr, White Lake, MI, 48383
$ 295,000
ROI
20.3Cash Flow/m
43- 2 Bed
- 2 Bath
- 1094 sft
9062 Rhyan Rd, White Lake, MI, 48386
Why Invest in White Lake, Michigan?
Investing in condos in White Lake, MI offers a balanced opportunity combining local amenities and suburban charm. The area shows a cap rate near 6%, with an average ROI around 7%, making it appealing for steady income and growth. Rental yield is approximately 5%, and the average rent supports positive cash flow for investors. Increasing renter occupancy rates underline a robust rental market in this lakefront community.
7%
Avg. ROI
5%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield for condos in White Lake is approximately 5%, providing investors with solid income potential relative to the area’s market conditions.
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