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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Highland Park, MI
Listed for sale 3 days ago
$ 199,000
ROI
24.1
Cash Flow/m
239- 4 Bed
- 2 Bath
- 1784 sft
101 Colorado St, Highland Park, MI, 48203
Rental Income
$ 155,000
ROI
23.7Cash Flow/m
170- 4 Bed
- 2 Bath
- 1304 sft
202 Connecticut St, Highland Park, MI, 48203
$ 105,000
ROI
23.5Cash Flow/m
111- 5 Bed
- 4 Bath
- 4200 sft
108 Massachusetts St, Highland Park, MI, 48203
Rental Income
$ 185,000
ROI
27.0Cash Flow/m
372- 6 Bed
- 2 Bath
- 2402 sft
20 W Nevada 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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