Under $500K Investment Properties for Sale in Fair Haven, MI
$ 295,000
ROI
19.9
Cash Flow/m
7- 3 Bed
- 2 Bath
- 1200 sft
8460 Samantha Ln, Fair Haven, MI, 48023
$ 165,000
ROI
30.0Cash Flow/m
472- 3 Bed
- 2 Bath
- 1300 sft
10413 Le Grande Blvd, Fair Haven, MI, 48023
$ 159,900
ROI
31.1Cash Flow/m
506- 3 Bed
- 2 Bath
- 1680 sft
10714 Jean Pierre Ct Lot 37, Fair Haven, MI, 48023
Fix & Flip
$ 149,900
ROI
23.9Cash Flow/m
171- 3 Bed
- 2 Bath
- 1236 sft
8480 Dixie Hwy, Fair Haven, MI, 48023
Why Invest in Fair Haven, Michigan?
Investing in Fair Haven, MI under $500k offers a unique opportunity to enter a growing market with strong rental demand. The average rental yield here is competitive, supported by an average ROI of 7.2%, cap rates around 6.5%, and annual appreciation near 3.1%. Cash flow potential remains steady with average cash flow of $350 per month. The renter-occupied rate is healthy at 48%, making it an ideal market for value investors seeking affordable housing options.
7.2%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
Under $500k, investors can find single-family homes, small multi-family buildings, and condominiums. These properties are ideal for rental income with strong demand from locals and students.
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