Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K 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 3 days ago
$ 328,900
ROI
24.2Cash Flow/m
403- 3 Bed
- 3 Bath
- 2521 sft
33316 Mina Dr, Sterling Heights, MI, 48312
Listed for sale 3 days ago
$ 330,000
ROI
19.9Cash Flow/m
9- 2 Bed
- 2 Bath
- 1506 sft
44138 Kendyl Dr, Sterling Heights, MI, 48314
Listed for sale 4 days ago
$ 480,000
ROI
22.4Cash Flow/m
356- 4 Bed
- 3 Bath
- 2660 sft
33780 Stonecrest Dr, Sterling Heights, MI, 48312
Why Invest in Sterling Heights, Michigan?
Sterling Heights, MI offers strong investment opportunities in homes under $500K, with affordable entry points for single-family rentals and fix-and-flips. Proximity to Detroit's auto industry drives steady rental demand from manufacturing workers. Average cap rates around 7% and rental yields of 8% make these properties cash flow positive. Annual appreciation of 4-5% reflects suburban stability near major employment hubs. Low vacancy rates under 5% ensure reliable tenant occupancy.
9.5%
Avg. ROI
8.2%
Rental Yield
7.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1600/mo
Avg. Rent
4.8%
1Y Appreciation
Frequently Asked Questions
Investors see average ROI of 9-10% with cap rates around 7%. Monthly cash flow averages $400-500 after expenses. Rental yields of 8% outperform many metro Detroit suburbs.
Find Your Perfect Investment Property in Sterling Heights, Michigan
Explore investment opportunities by strategy, performance, or property type
