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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Redford, MI
Listed for sale 1 day ago
$ 185,000
ROI
23.3
Cash Flow/m
181- 3 Bed
- 2 Bath
- 1580 sft
8901 San Jose, Redford, MI, 48239
Listed for sale 2 days ago
$ 199,900
ROI
24.3Cash Flow/m
253- 3 Bed
- 2 Bath
- 930 sft
11395 Hazelton, Redford, MI, 48239
Listed for sale 3 days ago
$ 185,000
ROI
23.3Cash Flow/m
184- 3 Bed
- 2 Bath
- 970 sft
17685 Denby, Redford, MI, 48240
Listed for sale 3 days ago
$ 175,000
ROI
29.0Cash Flow/m
450- 3 Bed
- 1 Bath
- 1181 sft
12924 Norborne, Redford, MI, 48239
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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