Fix And Flip Investment Properties for Sale in Southfield, MI
Fix & Flip
Motivated Seller
Listed for sale 1 day ago
$ 350,000
ROI
20.4
Cash Flow/m
60- 4 Bed
- 3 Bath
- 3936 sft
23162 Coventry Woods Ln, Southfield, MI, 48034
Fix & Flip
Listed for sale 3 days ago
$ 295,000
ROI
20.4Cash Flow/m
54- 4 Bed
- 2 Bath
- 3000 sft
22333 Leewright Ave, Southfield, MI, 48033
Fix & Flip
Listed for sale 4 days ago
$ 119,900
ROI
24.3Cash Flow/m
151- 2 Bed
- 1 Bath
- 925 sft
17358 San Quentin Dr, Southfield, MI, 48076
Fix & Flip
$ 375,000
ROI
30.4Cash Flow/m
1115- 4 Bed
- 3 Bath
- 2624 sft
19800 Cherry Hill St, Southfield, MI, 48076
Why Invest in Southfield, Michigan?
Investing in fix-and-flip properties in Southfield, MI allows you to capitalize on a growing local market with solid appreciation rates. The average ROI for flip projects here is attractive at around 12%, supported by an average rental yield of 7% and a cap rate near 6.5%. With average rents steady near $1,100 and a renter-occupied rate above 55%, investors can expect consistent demand. Appreciation in Southfield real estate remains stable, making fix and flip a viable strategy for accumulating wealth.
12%
Avg. ROI
7%
Rental Yield
6.5%
Cap Rate
$400/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for fix-and-flip projects in Southfield is approximately 12%, reflecting a healthy market for investors focusing on renovation and resale.
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