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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Lincoln Park, MI

Listed for sale 1 day ago
$ 175,000
ROI
24.9
Cash Flow/m
249- 3 Bed
- 2 Bath
- 1693 sft
1610 Garfield Ave, Lincoln Park, MI, 48146

$ 175,000
ROI
30.1
Cash Flow/m
502- 3 Bed
- 2 Bath
- 1772 sft
2112 Reo Ave, Lincoln park, MI, 48146

Fix & Flip
Listed for sale 2 days ago
$ 159,900
ROI
24.5
Cash Flow/m
213- 3 Bed
- 1 Bath
- 1140 sft
2009 Buckingham Ave, Lincoln Park, MI, 48146

Fix & Flip
Listed for sale 2 days ago
$ 114,900
ROI
23.0
Cash Flow/m
105- 3 Bed
- 2 Bath
- 1368 sft
1530 Ferris Ave, Lincoln Park, MI, 48146
Why Invest in Lincoln Park, Michigan?
Investing in Lincoln Park, MI under $500k offers an excellent opportunity to enter a growing market with affordable housing options. The area boasts a solid average ROI of 7%, with rental yields around 6% and cap rates near 5%. Average cash flow is positive, supported by steady appreciation of around 3% annually. With a rental market that includes 60% renter-occupied properties, investors can expect consistent demand backed by Metro Detroit's economic fundamentals.
7%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$850/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $500k in Lincoln Park is approximately 6%, making it a competitive choice for investors seeking steady income.
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