Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Royal Oak, MI
Listed for sale 6 days ago
$ 300,000
ROI
27.2
Cash Flow/m
621- 2 Bed
- 1 Bath
- 1362 sft
4335 W Forteen Mile 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
$ 249,900
ROI
23.2Cash Flow/m
238- 2 Bed
- 1 Bath
- 900 sft
1515 Wyandotte Ave, Royal Oak, MI, 48067
$ 275,000
ROI
29.0Cash Flow/m
710- 3 Bed
- 1 Bath
- 1069 sft
1919 Fern St, Royal Oak, MI, 48073
Why Invest in Royal Oak, Michigan?
Investing in Royal Oak, MI, offers opportunities for properties under $300,000, making it an attractive market for first-time investors. The city boasts a strong rental yield of around 7%, supported by a vibrant local economy and growing population. With a current average rent of $1,200 and an appreciation rate of 5%, investors can expect solid long-term returns.
9%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$300/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
5%
1Y Appreciation
Frequently Asked Questions
The average rent in Royal Oak, MI is approximately $1,200, which reflects the demand for rental properties in this growing area.
Find Your Perfect Investment Property in Royal Oak, Michigan
Explore investment opportunities by strategy, performance, or property type
