Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Royal Oak, MI
Currently Rented
Rental Income
$ 315,000
ROI
23.3
Cash Flow/m
306- 3 Bed
- 2 Bath
- 1400 sft
406 W Twelve Mile Rd, Royal Oak, MI, 48073
$ 379,900
ROI
30.7Cash Flow/m
1161- 3 Bed
- 3 Bath
- 1847 sft
212 S Maple Ave, Royal Oak, MI, 48067
$ 325,000
ROI
28.8Cash Flow/m
816- 3 Bed
- 2 Bath
- 1393 sft
306 N Kenwood Ave, Royal Oak, MI, 48067
$ 319,900
ROI
26.3Cash Flow/m
580- 1 Bed
- 2 Bath
- 1529 sft
214 Woodsboro Dr, Royal Oak, MI, 48067
Why Invest in Royal Oak, Michigan?
Investing in multifamily properties in Royal Oak, MI offers a promising opportunity for real estate investors. With a steady rental demand and attractive rental yields averaging around 6%, this city presents a favorable environment for growth. Investors can expect an average cash flow of $1,200 per month and a cap rate of approximately 7.5%. The appreciation rate is around 4%, reflecting the city's increasing popularity among renters.
12%
Avg. ROI
6%
Rental Yield
7.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for multifamily units in Royal Oak is approximately $2,000 per month, reflecting the city's desirable location and amenities.
Find Your Perfect Investment Property in Royal Oak, Michigan
Explore investment opportunities by strategy, performance, or property type
