Under $300K Investment Properties for Sale in Dearborn Heights, MI

Listed for sale 2 days ago
$ 165,000
ROI
24.4
Cash Flow/m
214- 5 Bed
- 1 Bath
- 1137 sft
4705 Weddell St, Dearborn Heights, MI, 48125

$ 214,900
ROI
20.7
Cash Flow/m
59- 3 Bed
- 1 Bath
- 1975 sft
7634 Hazelton St, Dearborn heights, MI, 48127

Fix & Flip
Listed for sale 3 days ago
$ 250,000
ROI
31.0
Cash Flow/m
784- 3 Bed
- 2 Bath
- 2015 sft
5754 Amboy St, Dearborn Heights, MI, 48127

Fix & Flip
Listed for sale 3 days ago
$ 239,900
ROI
30.2
Cash Flow/m
698- 3 Bed
- 3 Bath
- 1760 sft
8450 Norborne Ave, Dearborn Heights, MI, 48127
Why Invest in Dearborn Heights, Michigan?
Investing in Dearborn Heights, MI under $300k offers a strategic entry to a stable Midwest rental market. This price segment attracts a broad tenant base, including families and young professionals. With an average rental yield of 7.2%, cap rates near 6.5%, and steady appreciation of around 3% annually, investors see solid returns. The average cash flow remains positive, supported by renter occupancy above 90%. Local economic resilience and affordable housing create favorable conditions for long-term wealth growth.
8.5%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Dearborn Heights is approximately 7.2%, offering a competitive return in the Midwest market.
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