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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Redford, MI
Listed for sale 1 day ago
$ 255,000
ROI
24.7
Cash Flow/m
354- 3 Bed
- 2 Bath
- 2396 sft
24686 Donald, Redford, MI, 48239
Listed for sale 1 day ago
$ 190,000
ROI
24.4Cash Flow/m
246- 3 Bed
- 1 Bath
- 1026 sft
27230 W Six Mile Rd, Redford, MI, 48240
Listed for sale 2 days ago
$ 199,900
ROI
28.4Cash Flow/m
482- 3 Bed
- 2 Bath
- 1801 sft
27143 Westland Rd, Redford, MI, 48240
Listed for sale 2 days ago
$ 185,000
ROI
23.9Cash Flow/m
214- 3 Bed
- 2 Bath
- 1759 sft
25610 Jennifer, Redford, MI, 48239
Why Invest in Redford, Michigan?
Investing in Redford, MI under $500k offers a unique opportunity to capitalize on affordable properties within a growing suburban area of Detroit's metro region. The area exhibits a solid rental yield and a stable cap rate, combined with an average ROI supportive of steady cash flow. With a renter-occupied rate reflecting strong demand, investors can benefit from the positive appreciation trends in the region. These factors make Redford a compelling market for under $500k investments.
7.2%
Avg. ROI
8%
Rental Yield
6.5%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Under $500k in Redford, MI, investors can find single-family homes, townhouses, and smaller multifamily properties suitable for rental investments.
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