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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Madison Heights, MI
Listed for sale 2 days ago
$ 149,000
ROI
23.3
Cash Flow/m
147- 2 Bed
- 1 Bath
- 696 sft
27871 Hampden St, Madison Heights, MI, 48071
Fix & Flip
$ 150,000
ROI
23.0Cash Flow/m
136- 2 Bed
- 1 Bath
- 962 sft
25520 Miracle Dr, Madison Heights, MI, 48071
$ 187,500
ROI
24.6Cash Flow/m
255- 3 Bed
- 1 Bath
- 988 sft
27081 Barrington St, Madison Heights, MI, 48071
Currently Rented
Rental Income
$ 195,000
ROI
24.5Cash Flow/m
258- 3 Bed
- 1 Bath
- 998 sft
28810 Townley St, Madison Heights, MI, 48071
Why Invest in Madison Heights, Michigan?
Investing in Madison Heights, MI, especially properties under $200k, offers a robust entry point into a stable real estate market. With an average ROI nearing 7% and rental yields around 6%, this area is attractive to value-driven investors. The average cap rate stands at 5.5%, complemented by steady appreciation of 3% annually. Renter-occupied units make up about 55% of housing stock, supporting consistent cash flow. These metrics underline a balanced opportunity amid Michigan's diverse economic landscape.
7%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$800/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Madison Heights typically yield an average ROI of around 7%, driven by steady rental demand and manageable maintenance costs.
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