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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
$ 399,900
ROI
21.6
Cash Flow/m
209- 4 Bed
- 4 Bath
- 3304 sft
36851 Maas Dr, Sterling Heights, MI, 48312
Listed for sale 1 day ago
$ 299,900
ROI
22.7Cash Flow/m
247- 3 Bed
- 1 Bath
- 1899 sft
33826 Brookshire Dr, Sterling Heights, MI, 48312
Listed for sale 1 day ago
$ 215,000
ROI
21.7Cash Flow/m
115- 2 Bed
- 2 Bath
- 1917 sft
8224 Clay Ct #11, Sterling Heights, MI, 48313
Listed for sale 1 day ago
$ 265,000
ROI
26.7Cash Flow/m
513- 2 Bed
- 2 Bath
- 1500 sft
11445 Shilling Dr, Sterling Heights, MI, 48314
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.
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