Condo Investment Properties for Sale in Whitmore Lake, MI
189- 3 Bed
- 3 Bath
- 1696 sft
142- 2 Bed
- 2 Bath
- 1510 sft
396- 2 Bed
- 2 Bath
- 1268 sft
139- 3 Bed
- 1 Bath
- 964 sft
116- 3 Bed
- 1 Bath
- 854 sft
102- 2 Bed
- 1 Bath
- 1042 sft
- 3 Bed
- 2 Bath
- 1400 sft
849- 3 Bed
- 2 Bath
- 1380 sft
- 1 Bed
- 1 Bath
- 621 sft
901- 3 Bed
- 2 Bath
- 1216 sft
751- 2 Bed
- 1 Bath
- 1132 sft
638- 3 Bed
- 1 Bath
- 1320 sft
96- 5 Bed
- 2 Bath
- 2300 sft
135- - Bed
- 1 Bath
- 628 sft
129- 2 Bed
- 1 Bath
- 820 sft
119- 1 Bed
- 1 Bath
- 780 sft
110- 1 Bed
- 1 Bath
- 360 sft
471- 5 Bed
- 2 Bath
- 1926 sft
106- 3 Bed
- 1 Bath
- 1278 sft
753- 3 Bed
- 2 Bath
- 737 sft
808- 3 Bed
- 2 Bath
- 2185 sft
93- 2 Bed
- 1 Bath
- 867 sft
111- 2 Bed
- 1 Bath
- 940 sft
93- 5 Bed
- 1 Bath
- 1466 sft
646- 5 Bed
- 2 Bath
- 988 sft
93- 4 Bed
- 2 Bath
- 1680 sft
136- 3 Bed
- 1 Bath
- 887 sft
Why Invest in Whitmore Lake, Michigan?
Investing in condos in Whitmore Lake, MI offers a compelling opportunity in a growing market. This area, known for its suburban appeal and proximity to Ann Arbor, features average ROI of 6.8% and rental yields near 7.2%. The cap rate is attractive at 5.5%, reflecting steady demand for rental properties. Average cash flow sits around $450 monthly, while average rent is approximately $1,100 per month. Whitmore Lake's real estate benefits from 2.3% annual appreciation backed by a strong renter-occupied rate of 58%. These factors create a stable investment environment for condo-focused investors.
Frequently Asked Questions
The average rental yield for condos in Whitmore Lake is approximately 7.2%, reflecting solid returns for investors in this market.
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