Under $300K Investment Properties for Sale in Macomb, MI
Listed for sale 3 days ago
$ 289,900
ROI
30.0
Cash Flow/m
825- 2 Bed
- 3 Bath
- 2606 sft
16306 E Hill Dr, Macomb, MI, 48044
$ 275,000
ROI
20.3Cash Flow/m
40- 3 Bed
- 3 Bath
- 2486 sft
17198 Westgrove Dr, Macomb, MI, 48042
$ 250,000
ROI
28.1Cash Flow/m
582- 3 Bed
- 1 Bath
- 1000 sft
50136 North Ave, Macomb, MI, 48042
$ 290,000
ROI
20.6Cash Flow/m
68- 2 Bed
- 2 Bath
- 1603 sft
22113 Aberdeen Dr, Macomb, MI, 48042
Why Invest in Macomb, Michigan?
Discover investment opportunities in Macomb, MI homes under $300k, offering accessible entry points for cash-flowing properties. Stable rental demand from local workforce supports consistent yields in this suburban Detroit market. Recent Census data shows renter-occupied rates around 20%, with median rents holding steady. Annual appreciation averages 4-5% per HUD housing reports, while cap rates range 6-8% for budget single-family homes. Proximity to manufacturing jobs enhances long-term holding potential without high acquisition costs.
8.2%
Avg. ROI
7.1%
Rental Yield
7.5%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.3%
1Y Appreciation
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