Investment Properties for Sale in Royal Oak, MI
Listed for sale 1 day ago
$ 379,000
ROI
22.9
Cash Flow/m
327- 3 Bed
- 2 Bath
- 1657 sft
836 Edgewood Dr, Royal Oak, MI, 48067
$ 399,999
ROI
24.6Cash Flow/m
542- 4 Bed
- 3 Bath
- 1975 sft
121 S Edison Ave, ROYAL OAK, MI, 48067
Listed for sale 1 day ago
$ 450,000
ROI
27.0Cash Flow/m
905- 3 Bed
- 3 Bath
- 2468 sft
424 W La Salle Ave, Royal Oak, MI, 48073
$ 459,000
ROI
25.5Cash Flow/m
736- 3 Bed
- 3 Bath
- 2180 sft
522 S Connecticut 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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