Under $500K 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 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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