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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 1 day ago
$ 150,000
ROI
23.2
Cash Flow/m
144- 2 Bed
- 2 Bath
- 984 sft
37102 Aberdeen Dr APT 10, Sterling Heights, MI, 48312
Listed for sale 2 days ago
$ 295,000
ROI
26.7Cash Flow/m
572- 3 Bed
- 2 Bath
- 1610 sft
37351 Andrew Dr, Sterling Heights, MI, 48312
Listed for sale 3 days ago
$ 299,800
ROI
26.0Cash Flow/m
520- 3 Bed
- 3 Bath
- 2022 sft
42159 Mac Rae Dr, Sterling Heights, MI, 48313
Motivated Seller
Listed for sale 3 days ago
$ 250,000
ROI
21.7Cash Flow/m
136- 4 Bed
- 4 Bath
- 1884 sft
35340 Monza Ct, Sterling Heights, MI, 48312
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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