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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Romulus, MI
Fix & Flip
Rental Income
$ 110,000
ROI
24.0
Cash Flow/m
130- 2 Bed
- 1 Bath
- 1716 sft
9415 Tobine St, Romulus, MI, 48174
$ 190,000
ROI
29.7Cash Flow/m
527- - Bed
- - Bath
- 1014 sft
9350 Biddle St, Romulus, MI, 48174
$ 140,000
ROI
23.7Cash Flow/m
154- 3 Bed
- 2 Bath
- 960 sft
15587 Oakbrook St, Romulus, MI, 48174
$ 200,000
ROI
26.9Cash Flow/m
395- 2 Bed
- 1 Bath
- 1164 sft
36553 Romulus Ave, Romulus, MI, 48174
Why Invest in Romulus, Michigan?
Investing in Romulus, MI, especially properties under $200k, offers an attractive entry point for real estate investors. The area shows a solid average return on investment and rental yields supported by steady demand. Cap rates remain competitive, complemented by positive cash flow opportunities and a stable renter-occupied rate above the state average. This market is ideal for investors seeking both appreciation and steady income in the Detroit metropolitan area.
7.2%
Avg. ROI
9.5%
Rental Yield
8.1%
Cap Rate
$150/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
In Romulus, you can find primarily single-family homes and some smaller multi-family units priced under $200k, ideal for entry-level investors or rental properties.
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