Condo Investment Properties for Sale in Whitmore Lake, MI
201- 2 Bed
- 2 Bath
- 1220 sft
142- 2 Bed
- 2 Bath
- 1510 sft
396- 2 Bed
- 2 Bath
- 1268 sft
133- 3 Bed
- 1 Bath
- 1110 sft
101- 5 Bed
- 3 Bath
- 2061 sft
117- 2 Bed
- 1 Bath
- 1112 sft
105- 3 Bed
- 2 Bath
- 1232 sft
142- 3 Bed
- 2 Bath
- 1850 sft
131- 2 Bed
- 1 Bath
- 1143 sft
104- 2 Bed
- 1 Bath
- 924 sft
129- 2 Bed
- 2 Bath
- 1252 sft
138- 2 Bed
- 1 Bath
- 1020 sft
- 3 Bed
- 2 Bath
- 1275 sft
117- 2 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 704 sft
96- 2 Bed
- 1 Bath
- 672 sft
92- 1 Bed
- 1 Bath
- 700 sft
111- 2 Bed
- 1 Bath
- 937 sft
125- 3 Bed
- 2 Bath
- 1520 sft
133- 3 Bed
- 1 Bath
- 966 sft
133- 3 Bed
- 1 Bath
- 2120 sft
343- 5 Bed
- 3 Bath
- 1810 sft
128- 3 Bed
- 2 Bath
- 1600 sft
135- 3 Bed
- 1 Bath
- 1048 sft
125- 1 Bed
- 1 Bath
- 600 sft
124- 2 Bed
- 1 Bath
- 887 sft
135- 2 Bed
- 1 Bath
- 960 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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