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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 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
Listed for sale 5 days ago
$ 425,000
ROI
23.5Cash Flow/m
437- 4 Bed
- 3 Bath
- 2522 sft
28351 Aspen Blvd, Flat Rock, MI, 48134
$ 390,000
ROI
21.5Cash Flow/m
194- 4 Bed
- 3 Bath
- 3242 sft
30134 Willow Springs Rd, 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
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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