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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Troy, MI
Listed for sale 4 days ago
$ 429,900
ROI
22.8
Cash Flow/m
365- 4 Bed
- 2 Bath
- 2021 sft
3649 Wakefield Dr, Troy, MI, 48083
$ 474,900
ROI
22.1Cash Flow/m
307- 3 Bed
- 2 Bath
- 2071 sft
130 Blanche, troy, MI, 48098
Listed for sale 5 days ago
$ 419,900
ROI
25.2Cash Flow/m
637- 3 Bed
- 3 Bath
- 1984 sft
2769 Renshaw Dr, Troy, MI, 48085
Listed for sale 5 days ago
$ 294,900
ROI
20.1Cash Flow/m
30- 2 Bed
- 2 Bath
- 1179 sft
1152 Faulkner, Troy, MI, 48083
Why Invest in Troy, Michigan?
Investing in Troy, MI properties under $500k offers a solid opportunity for steady rental income and moderate property appreciation. The local market shows an average ROI of 7.5% with rental yields around 6%, providing investors with a healthy cap rate near 5%. Tenant demand remains strong with roughly 45% renter occupancy in the area. Troy’s diverse economy and growing job market support continued investment stability.
7.5%
Avg. ROI
6%
Rental Yield
5%
Cap Rate
$1200/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Troy average an ROI of about 7.5%, with healthy rental yields and moderate appreciation potential, making them attractive for investors seeking steady cash flow.
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