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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI 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, particularly in high ROI properties, presents a promising opportunity. With a robust rental market, average rents reaching around $1,500, and solid appreciation rates, this city is a prime target for investors. Royal Oak has a renter-occupied rate of 50%, coupled with a competitive cap rate of 7% that reflects its healthy investment potential.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$1500/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Royal Oak is approximately 10%, making it an attractive location for real estate investors.
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