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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Flat Rock, MI
Listed for sale 4 days ago
$ 199,900
ROI
26.4
Cash Flow/m
369- 2 Bed
- 1 Bath
- 1202 sft
29305 Van Riper St, Flat Rock, MI, 48134
$ 280,000
ROI
23.0Cash Flow/m
255- 3 Bed
- 2 Bath
- 1813 sft
29749 Ailanthus Dr, Flat Rock, MI, 48134
$ 239,900
ROI
20.4Cash Flow/m
45- 3 Bed
- 2 Bath
- 1308 sft
30374 Torry Ave, Flat Rock, MI, 48134
$ 108,995
ROI
24.0Cash Flow/m
130- 3 Bed
- 2 Bath
- 1404 sft
28356 Sycamore Dr #248, Flat Rock, MI, 48134
Why Invest in Flat Rock, Michigan?
Investing in Flat Rock, MI, under $300k offers an opportunity to enter an affordable and growing real estate market. The area features a solid average ROI of 7%, with a rental yield around 7.5% that attracts rental investors. Cap rates near 6.5% and average cash flows of $350 per month demonstrate consistent income potential. Appreciation rates of roughly 3% and a renter-occupied rate of 48% support stable long-term growth.
7%
Avg. ROI
7.5%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Under $300k, you can find single-family homes, townhouses, and some condominiums. These properties typically offer good rental potential and are suitable for new investors.
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