Under $200K Investment Properties for Sale in Highland Park, MI
Listed for sale 2 days ago
$ 199,999
ROI
30.7
Cash Flow/m
610- 4 Bed
- 2 Bath
- 1874 sft
247 Moss St, Highland Park, MI, 48203
Listed for sale 4 days ago
$ 115,000
ROI
23.8Cash Flow/m
130- 4 Bed
- 3 Bath
- 2668 sft
92 Eason St, Highland Park, MI, 48203
Currently Rented
Listed for sale 7 days ago
$ 150,000
ROI
30.5Cash Flow/m
448- 3 Bed
- 2 Bath
- 1524 sft
19146 Omira St, Highland Park, MI, 48203
$ 120,000
ROI
23.2Cash Flow/m
114- 3 Bed
- 1 Bath
- 664 sft
17163 Orleans St, Highland Park, MI, 48203
Why Invest in Highland Park, Michigan?
Investing in Highland Park, MI with properties under $200k offers unique opportunities for affordable real estate investors. This market features an average ROI of 8.5% and a rental yield around 7%, supported by a cap rate of 6.2%. Investors can expect an average cash flow of $120 monthly, with average rents near $850 and steady appreciation of 3% annually. The area has a renter-occupied percentage near 55%, indicating healthy rental demand in this underserved market.
8.5%
Avg. ROI
7%
Rental Yield
6.2%
Cap Rate
$120/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Most properties under $200k are single-family homes and small multi-family units. These offer affordable entry points for investors seeking rental income opportunities in the area.
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