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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Hazel Park, MI
Listed for sale 7 days ago
$ 300,000
ROI
22.3
Cash Flow/m
216- 2 Bed
- 3 Bath
- 1375 sft
402 Jeff Keeton Dr #12, Hazel Park, MI, 48030
Listed for sale 7 days ago
$ 139,900
ROI
23.3Cash Flow/m
138- 2 Bed
- 1 Bath
- 794 sft
49 E Madge Ave, Hazel Park, MI, 48030
$ 194,500
ROI
28.4Cash Flow/m
469- 3 Bed
- 1 Bath
- 967 sft
1434 E Woodruff Ave, Hazel Park, MI, 48030
$ 209,900
ROI
30.1Cash Flow/m
605- 3 Bed
- 1 Bath
- 1238 sft
23449 Carlisle Ave, Hazel Park, MI, 48030
Why Invest in Hazel Park, Michigan?
Investing in Hazel Park, MI properties under $300k presents great value for emerging investors. The area boasts an average ROI of 7%, a stable cap rate of 6%, and rental yields around 8%, making it an attractive entry point. Average cash flow remains positive at approximately $250 monthly, while median rents are competitive. Steady appreciation of 3% per year and a high renter occupancy rate of 70% support long-term gain potential.
7%
Avg. ROI
8%
Rental Yield
6%
Cap Rate
$250/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average ROI for properties under $300k in Hazel Park is approximately 7%, providing a solid return for investors entering this price segment.
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