Under $300K Investment Properties for Sale in Royal Oak, MI
Listed for sale 4 days ago
$ 215,000
ROI
31.6
Cash Flow/m
707- 2 Bed
- 1 Bath
- 800 sft
2120 Barrett Ave, Royal Oak, MI, 48067
$ 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
$ 300,000
ROI
27.8Cash Flow/m
669- 3 Bed
- 2 Bath
- 1872 sft
2013 E 4th St, Royal Oak, MI, 48067
Listed for sale 5 days ago
$ 299,900
ROI
28.7Cash Flow/m
743- 3 Bed
- 2 Bath
- 1050 sft
116 Helene Ave, Royal Oak, MI, 48067
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
