Under $500K Investment Properties for Sale in Troy, MI
Listed for sale 1 day ago
$ 374,500
ROI
24.6
Cash Flow/m
506- 2 Bed
- 2 Bath
- 1731 sft
3251 Camden Dr, Troy, MI, 48084
$ 474,900
ROI
22.1Cash Flow/m
307- 3 Bed
- 2 Bath
- 2071 sft
130 Blanche, troy, MI, 48098
Listed for sale 2 days ago
$ 359,900
ROI
24.6Cash Flow/m
486- 3 Bed
- 2 Bath
- 2220 sft
2655 Clayton Dr, Troy, MI, 48083
Listed for sale 2 days ago
$ 489,000
ROI
20.5Cash Flow/m
94- 4 Bed
- 4 Bath
- 2630 sft
3863 Lawson Dr, Troy, MI, 48084
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.
Find Your Perfect Investment Property in Troy, Michigan
Explore investment opportunities by strategy, performance, or property type
