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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Royal Oak, MI
Listed for sale 4 days ago
$ 429,999
ROI
22.6
Cash Flow/m
343- 3 Bed
- 2 Bath
- 2099 sft
2731 Crooks Rd, Royal Oak, MI, 48073
$ 260,000
ROI
31.6Cash Flow/m
859- 3 Bed
- 2 Bath
- 1341 sft
632 S Wilson Ave, ROYAL OAK, MI, 48067
Listed for sale 4 days ago
$ 329,000
ROI
30.4Cash Flow/m
971- 4 Bed
- 2 Bath
- 1824 sft
933 Maplegrove Ave, Royal Oak, MI, 48067
Listed for sale 5 days ago
$ 385,000
ROI
24.5Cash Flow/m
512- 2 Bed
- 2 Bath
- 1314 sft
322 E Harrison Ave Unit 20, Royal Oak, MI, 48067
Why Invest in Royal Oak, Michigan?
Investing in Royal Oak, MI, especially in rental properties, offers attractive returns. With an average cash flow of $1,200 and strong rental yields around 7%, this area is becoming increasingly popular among investors. The city's vibrant local economy and a rental occupancy rate of 93% ensure a promising investment landscape.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$1200/mo
Avg. Cash Flow
$1700/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Royal Oak, MI, is approximately $1,700 per month, making it competitive in the suburban Detroit market. This rate reflects the growing demand for housing in the area.
Find Your Perfect Investment Property in Royal Oak, Michigan
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