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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Howell, MI
Listed for sale 1 day ago
$ 425,000
ROI
23.4
Cash Flow/m
434- 4 Bed
- 3 Bath
- 2700 sft
223 N Michigan Ave APT 12, Howell, MI, 48843
$ 495,000
ROI
24.0Cash Flow/m
591- 3 Bed
- 4 Bath
- 3219 sft
7526 Summer Breeze Trl, HOWELL, MI, 48843
Listed for sale 2 days ago
$ 334,900
ROI
22.6Cash Flow/m
268- 3 Bed
- 2 Bath
- 2160 sft
2482 Livernois Dr, Howell, MI, 48843
Listed for sale 2 days ago
$ 210,000
ROI
20.1Cash Flow/m
19- 1 Bed
- 1 Bath
- - sft
320 S Hughes Rd, Howell, MI, 48843
Why Invest in Howell, Michigan?
Investing in Howell, MI properties under $500k offers a solid opportunity for steady rental income and healthy appreciation. The market delivers an average ROI of 8.5% with rental yields around 6%, making it attractive for investors focused on cash flow. Cap rates hover near 7%, supported by stable average rents of approximately $1,200 monthly. With a renter-occupied rate above 55%, Howell shows consistent tenant demand, encouraging long-term investment.
8.5%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Howell typically include single-family homes, townhouses, and smaller multifamily units. These homes are popular among investors seeking affordable entry points with reliable rental demand.
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