Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Fair Haven, MI
$ 389,900
ROI
20.1
Cash Flow/m
33- 3 Bed
- 2 Bath
- 1656 sft
7811 Alexandria Dr, Fair Haven, MI, 48023
$ 369,900
ROI
24.0Cash Flow/m
431- 4 Bed
- 2 Bath
- 1300 sft
7820 Wagner Ln, Fair Haven, MI, 48023
$ 113,300
ROI
45.5Cash Flow/m
813- 3 Bed
- 2 Bath
- 1568 sft
9268 Windjammer Dr #1207, Fair Haven, MI, 48023
$ 114,999
ROI
24.5Cash Flow/m
152- 3 Bed
- 2 Bath
- 1568 sft
9269 Windjammer Dr #1263, 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.
Find Your Perfect Investment Property in Fair Haven, Michigan
Explore investment opportunities by strategy, performance, or property type
