Under $500K Investment Properties for Sale in Auburn, MI

Listed for sale 6 days ago
$ 254,900
ROI
29.5
Cash Flow/m
690- 3 Bed
- 2 Bath
- 1176 sft
736 W Salzburg Rd, Auburn, MI, 48611

$ 249,000
ROI
20.3
Cash Flow/m
35- 3 Bed
- 2 Bath
- 2160 sft
317 W Midland Rd, Auburn, MI, 48611

$ 249,900
ROI
20.3
Cash Flow/m
37- 4 Bed
- 2 Bath
- 1511 sft
113 Maple St, Auburn, MI, 48611

$ 290,000
ROI
27.3
Cash Flow/m
605- 3 Bed
- 2 Bath
- 1821 sft
4888 Eleven Mile Rd, Auburn, MI, 48611
Why Invest in Auburn, Michigan?
Investing in Auburn, MI under $500k offers affordable entry into a market with steady rental yields and positive appreciation potential. Auburn's average rental yield of 7.5% and cap rate near 6.2% make it attractive for investors seeking solid cash flow. With average rent around $1,100 and growing renter occupancy at 65%, the market signals strong demand. Coupled with an average ROI of 8%, investors can benefit from stable income streams supported by the city's economic growth.
8%
Avg. ROI
7.5%
Rental Yield
6.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Auburn typically include single-family homes, some townhouses, and small multifamily units, ideal for small investors or first-time buyers.
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