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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 3 days ago
$ 219,900
ROI
28.7
Cash Flow/m
547- 3 Bed
- 2 Bath
- 1123 sft
1727 E Elza Ave, Hazel Park, MI, 48030
Listed for sale 4 days ago
$ 219,000
ROI
26.4Cash Flow/m
405- 3 Bed
- 1 Bath
- 940 sft
23384 Vassar Ave, Hazel Park, MI, 48030
Fix & Flip
Listed for sale 4 days ago
$ 118,000
ROI
24.7Cash Flow/m
162- 3 Bed
- 1 Bath
- 850 sft
20805 S Chrysler Dr, Hazel Park, MI, 48030
Listed for sale 7 days ago
$ 199,900
ROI
24.1Cash Flow/m
243- 2 Bed
- 2 Bath
- 867 sft
1032 E Maxlow 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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