Under $300K Investment Properties for Sale in Redford, MI
Listed for sale today
$ 200,000
ROI
31.8
Cash Flow/m
670- 3 Bed
- 1 Bath
- 2047 sft
13901 Centralia, Redford, MI, 48239
Listed for sale today
$ 149,900
ROI
23.1Cash Flow/m
141- 3 Bed
- 1 Bath
- 964 sft
15549 Winston, Redford, MI, 48239
Listed for sale 2 days ago
$ 189,900
ROI
24.9Cash Flow/m
274- 3 Bed
- 2 Bath
- 2184 sft
9546 Hazelton Ave, Redford, MI, 48239
Listed for sale 2 days ago
$ 250,000
ROI
21.9Cash Flow/m
151- 3 Bed
- 2 Bath
- 2114 sft
17357 Fox St, Redford, MI, 48240
Why Invest in Redford, Michigan?
Investing in Redford, MI properties under $300k offers a strategic opportunity to capitalize on an affordable real estate market combined with solid rental yields. With an average ROI of around 7% and a cap rate of 6%, investors can expect stable cash flow supported by local employment growth. The area's renter-occupied rate near 55% indicates a consistent demand for rental housing. Appreciation rates remain steady, reflecting the city’s economic resilience and regional connectivity within the Detroit metro area.
7%
Avg. ROI
9%
Rental Yield
6%
Cap Rate
$350/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for properties under $300k in Redford is approximately 9%, reflecting strong rental demand and affordable entry prices.
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