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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Flat Rock, MI
Listed for sale 6 days ago
$ 424,900
ROI
21.7
Cash Flow/m
225- 3 Bed
- 3 Bath
- 2266 sft
28598 Liparoto Blvd, Flat Rock, MI, 48134
$ 399,000
ROI
21.2Cash Flow/m
163- 5 Bed
- 4 Bath
- 2546 sft
28921 Apple Blossom Dr, Flat Rock, MI, 48134
$ 459,900
ROI
22.7Cash Flow/m
374- 4 Bed
- 3 Bath
- 3428 sft
26796 Arcadia Dr, Flat Rock, MI, 48134
$ 265,000
ROI
21.8Cash Flow/m
151- 3 Bed
- 2 Bath
- 1564 sft
30374 Torry Ave, Flat Rock, MI, 48134
Why Invest in Flat Rock, Michigan?
Investing in Flat Rock, MI properties under $500k offers a unique opportunity to benefit from the city's steady rental yields and growing cash flow potential. This affordable market features an average ROI around 7%, with a cap rate near 6% and average rent of approximately $1,100 per month. Appreciation rates have been moderate, around 3% annually, reflecting a resilient housing market. The renter-occupied rate remains strong, supporting reliable income streams for investors seeking stable returns in Michigan.
7%
Avg. ROI
6%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The typical ROI averages around 7%, which is attractive for investors seeking stable income in this market segment.
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