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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
Fix & Flip
Listed for sale 2 days ago
$ 155,000
ROI
23.9
Cash Flow/m
177- 3 Bed
- 1 Bath
- 1116 sft
21827 Power Rd, Farmington Hills, MI, 48336
$ 180,000
ROI
24.1Cash Flow/m
216- 2 Bed
- 1 Bath
- 1551 sft
21004 Ontaga St, Farmington hills, MI, 48336
Listed for sale 4 days ago
$ 198,900
ROI
26.5Cash Flow/m
376- 2 Bed
- 1 Bath
- 768 sft
22591 Tulane Ave, Farmington Hills, MI, 48336
Listed for sale 6 days ago
$ 189,900
ROI
24.0Cash Flow/m
224- 2 Bed
- 1 Bath
- 1055 sft
29311 Rockcastle 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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