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 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
$ 369,000
ROI
25.1Cash Flow/m
544- 2 Bed
- 2 Bath
- 3038 sft
40135 Streamwood Ct, Sterling Heights, MI, 48310
Listed for sale 2 days ago
$ 382,500
ROI
23.5Cash Flow/m
397- 3 Bed
- 3 Bath
- 1800 sft
14228 Quail Run Dr, Sterling Heights, MI, 48313
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
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
