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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Southgate, MI
Listed for sale 1 day ago
$ 219,900
ROI
28.8
Cash Flow/m
555- 3 Bed
- 1 Bath
- 1556 sft
16543 Drake St, Southgate, MI, 48195
Listed for sale 1 day ago
$ 169,900
ROI
23.1Cash Flow/m
160- 3 Bed
- 1 Bath
- 1859 sft
14618 Mulberry St, Southgate, MI, 48195
Listed for sale 3 days ago
$ 235,000
ROI
29.4Cash Flow/m
632- 3 Bed
- 2 Bath
- 2248 sft
13278 Veronica St, Southgate, MI, 48195
$ 289,900
ROI
31.6Cash Flow/m
957- 4 Bed
- 3 Bath
- 2322 sft
16100 Kennebec St, Southgate, MI, 48195
Why Invest in Southgate, Michigan?
Investing in Southgate, MI properties under $500k offers a strategic entry into a stable Midwestern market. This city boasts a solid average ROI of 7%, with rental yields hovering around 8.5% for affordable homes. Cap rates remain attractive at approximately 6.2%, supporting strong cash flow averaging $450 monthly. Appreciation trends around 3.0% annually complement a rental market with 65% renter occupancy, ideal for investors seeking reliable income streams.
7%
Avg. ROI
8.5%
Rental Yield
6.2%
Cap Rate
$450/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Southgate offers affordable entry points with solid rental yields around 8.5% and moderate appreciation. The stable local economy and balanced housing market support consistent cash flow for investors.
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