Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Ferndale, MI
Listed for sale 3 days ago
$ 125,000
ROI
25.0
Cash Flow/m
181- 1 Bed
- 1 Bath
- 518 sft
824 Beaufield St, Ferndale, MI, 48220
Listed for sale 7 days ago
$ 130,000
ROI
24.8Cash Flow/m
181- 2 Bed
- 1 Bath
- 707 sft
1370 Bertha St, Ferndale, MI, 48220
$ 180,000
ROI
23.7Cash Flow/m
198- 3 Bed
- 1 Bath
- 908 sft
1491 Webster E, Ferndale, MI, 48220
$ 145,000
ROI
23.8Cash Flow/m
163- 2 Bed
- 1 Bath
- 958 sft
3370 Harris St, Ferndale, MI, 48220
Why Invest in Ferndale, Michigan?
Investing in Ferndale, MI within the under $200k market offers solid opportunities for rental property income. This city has a strong renter-occupied rate of around 60%, with average rental yields near 7%. Investors can expect average ROI of about 8% and a cap rate close to 6%. Appreciation rates remain steady at 3%, while average cash flow is healthy compared to similar Michigan cities. Ferndale combines affordability with strong market fundamentals for prudent investors.
8%
Avg. ROI
7%
Rental Yield
6%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Ferndale often include smaller single-family homes, condos, and some multi-family units. These offer good rental potential and steady demand.
Find Your Perfect Investment Property in Ferndale, Michigan
Explore investment opportunities by strategy, performance, or property type
