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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 1 day ago
$ 415,000
ROI
22.7
Cash Flow/m
335- 2 Bed
- 2 Bath
- 968 sft
614 S Troy St Unit 102, Royal Oak, MI, 48067

$ 310,000
ROI
25.4
Cash Flow/m
483- 3 Bed
- 1 Bath
- 1020 sft
300 S Minerva Ave, ROYAL OAK, MI, 48067

Listed for sale 1 day ago
$ 279,900
ROI
24.6
Cash Flow/m
378- 2 Bed
- 1 Bath
- 1362 sft
4335 W Forteen Mile Rd, Royal Oak, MI, 48073

$ 260,000
ROI
31.6
Cash Flow/m
859- 3 Bed
- 2 Bath
- 1341 sft
632 S Wilson Ave, 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.
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