Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Ferndale, MI
Listed for sale 1 day ago
$ 190,000
ROI
29.5
Cash Flow/m
517- 2 Bed
- 1 Bath
- 798 sft
1803 Channing St, Ferndale, MI, 48220
Listed for sale 1 day ago
$ 300,000
ROI
26.2Cash Flow/m
534- 3 Bed
- 1 Bath
- 1896 sft
1454 Leroy St, Ferndale, MI, 48220
Listed for sale 1 day ago
$ 290,000
ROI
24.9Cash Flow/m
417- 4 Bed
- 2 Bath
- 2040 sft
266 W Bennett Ave, Ferndale, MI, 48220
Listed for sale 6 days ago
$ 215,000
ROI
28.6Cash Flow/m
530- 2 Bed
- 2 Bath
- 1254 sft
1349 Northway St, Ferndale, MI, 48220
Why Invest in Ferndale, Michigan?
Investing in Ferndale, MI properties under $300k offers a unique opportunity to enter an affordable market with steady appreciation. With an average ROI around 6.2%, rental yields near 7.5%, and cap rates about 5.8%, this city is attractive for investors seeking consistent cash flow and rental demand. The average rent is reasonable, supporting stable occupancy rates. Ferndale's growing local economy and proximity to Detroit add to its investment appeal.
6.2%
Avg. ROI
7.5%
Rental Yield
5.8%
Cap Rate
$400/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3.1%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Ferndale is approximately 7.5%, offering attractive returns for investors on affordable housing.
Find Your Perfect Investment Property in Ferndale, Michigan
Explore investment opportunities by strategy, performance, or property type
