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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Farmington Hills, MI

Listed for sale 2 days ago
$ 159,900
ROI
24.5
Cash Flow/m
212- 2 Bed
- 1 Bath
- 750 sft
28860 Grayfield Dr, Farmington Hills, MI, 48336

$ 180,000
ROI
24.1
Cash Flow/m
216- 2 Bed
- 1 Bath
- 1551 sft
21004 Ontaga St, Farmington hills, MI, 48336

Fix & Flip
$ 149,900
ROI
23.1
Cash Flow/m
141- 3 Bed
- 1 Bath
- 1162 sft
21328 Waldron St, Farmington Hills, MI, 48336

$ 150,000
ROI
23.6
Cash Flow/m
159- 2 Bed
- 1 Bath
- 800 sft
21628 Colgate St, Farmington Hills, MI, 48336
Why Invest in Farmington Hills, Michigan?
Investing in Farmington Hills, MI, under $200k offers affordable entry into a stable market with strong rental demand. The area boasts a healthy rental yield and consistent property appreciation driven by a renter-occupied rate above 40%. Cap rates remain attractive for investors focusing on cash flow, and average rent levels support sustainable investment income over time.
7%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Farmington Hills for properties under $200k is approximately 8%, making it an attractive market for rental income.
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