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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 2 days ago
$ 150,000
ROI
24.9
Cash Flow/m
215- 2 Bed
- 1 Bath
- 962 sft
536 E Shevlin Ave, Hazel Park, MI, 48030
Listed for sale 3 days ago
$ 160,000
ROI
23.1Cash Flow/m
150- 2 Bed
- 1 Bath
- 786 sft
435 W Sonoma Ave, Hazel Park, MI, 48030
Listed for sale 5 days ago
$ 160,000
ROI
26.7Cash Flow/m
308- 2 Bed
- 1 Bath
- 800 sft
23091 Berdeno Ave, Hazel Park, MI, 48030
Listed for sale 6 days ago
$ 149,900
ROI
31.5Cash Flow/m
489- 2 Bed
- 1 Bath
- 1248 sft
658 E Coy 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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