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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $300K Investment Properties for Sale in Sterling Heights, MI
Listed for sale 2 days ago
$ 242,500
ROI
25.8
Cash Flow/m
410- 2 Bed
- 2 Bath
- 1378 sft
13229 Highland Cir, Sterling Heights, MI, 48312
Listed for sale 5 days ago
$ 239,900
ROI
27.8Cash Flow/m
538- 3 Bed
- 2 Bath
- 1900 sft
39116 Lea Ct, Sterling Heights, MI, 48313
Listed for sale 5 days ago
$ 299,900
ROI
21.0Cash Flow/m
106- 3 Bed
- 2 Bath
- 3000 sft
2268 Serra Dr, Sterling Heights, MI, 48310
Listed for sale 6 days ago
$ 249,000
ROI
27.8Cash Flow/m
560- 3 Bed
- 2 Bath
- 1053 sft
2060 Oakcrest Rd, Sterling Heights, MI, 48310
Why Invest in Sterling Heights, Michigan?
Discover investment opportunities in Sterling Heights, MI with homes under $300k offering strong value in a stable suburb. Properties here provide solid **rental yields** around 7-8% and **cap rates** of 6-7%. The area's proximity to Detroit supports steady **appreciation** at 4-5% annually. **Renter occupancy** exceeds 30%, driven by local employment. Low entry prices make it ideal for cash-flow focused investors.
9.2%
Avg. ROI
7.5%
Rental Yield
6.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.5%
1Y Appreciation
Frequently Asked Questions
Yes, numerous single-family homes and condos under $300k offer strong cash flow potential. They attract renters due to proximity to jobs and amenities. Focus on properties near major roads for best appreciation.
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