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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Southfield, MI
Listed for sale 1 day ago
$ 199,000
ROI
24.6
Cash Flow/m
267- 3 Bed
- 2 Bath
- 2103 sft
22903 N Bellwood Dr, Southfield, MI, 48034
$ 165,000
ROI
24.7Cash Flow/m
229- 3 Bed
- 1 Bath
- 945 sft
28148 Fairfax St, Southfield, MI, 48076
$ 194,900
ROI
23.4Cash Flow/m
196- 3 Bed
- 2 Bath
- 1200 sft
20620 Westhampton Ave, Southfield, MI, 48075
Fix & Flip
Motivated Seller
$ 145,000
ROI
24.2Cash Flow/m
180- 3 Bed
- 1 Bath
- 1276 sft
28463 Sutherland St, Southfield, MI, 48076
Why Invest in Southfield, Michigan?
Investing in Southfield, MI under $200k properties offers affordable entry into a stable market with solid rental demand. This price segment attracts diverse tenants, promoting consistent occupancy rates near 92%. Average rental yields hover around 8%, with average monthly rents at approximately $950. Appreciation rates remain steady at about 3% annually, making it a smart choice for value-focused investors seeking cash flow and moderate growth.
8.5%
Avg. ROI
7.8%
Rental Yield
7.5%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k in Southfield typically include single-family homes and smaller multifamily units. These are ideal for entry-level investors or those seeking steady rental income.
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