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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Farmington, MI
$ 299,900
ROI
22.3
Cash Flow/m
212- 3 Bed
- 2 Bath
- 1100 sft
24024 Colchester Dr, Farmington, MI, 48336
$ 249,999
ROI
23.6Cash Flow/m
269- 2 Bed
- 1 Bath
- 936 sft
22728 Violet St, Farmington, MI, 48336
$ 299,900
ROI
24.9Cash Flow/m
430- 3 Bed
- 2 Bath
- 1694 sft
23870 Beacon Dr, Farmington, MI, 48336
$ 295,000
ROI
21.2Cash Flow/m
116- - Bed
- - Bath
- 1304 sft
38320 Saratoga Cir, Farmington, MI, 48331
Why Invest in Farmington, Michigan?
Investing in Farmington, MI properties under $300k offers a strategic entry point into a stable Michigan market. The area shows an average ROI of 7%, with rental yields around 6%, making it appealing for cash flow-focused investors. Cap rates stay healthy at 5%, while the average cash flow supports steady income. Farmington's average rent at $1,200 aligns well with local renter occupancy rates near 60%, supported by an appreciation of 3% annually, ensuring growth potential.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$600/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $300k in Farmington typically include single-family homes and some smaller multi-family units. These are ideal for entry-level investors seeking affordable real estate options.
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