Fix And Flip Investment Properties for Sale in Waterford, MI
Fix & Flip
$ 159,900
ROI
24.9
Cash Flow/m
228- 3 Bed
- 2 Bath
- 1600 sft
2476 Voorheis Rd, Waterford, MI, 48328
Fix & Flip
$ 399,900
ROI
34.9Cash Flow/m
1683- 4 Bed
- 4 Bath
- 2100 sft
4900 Rossiter Ave, Waterford, MI, 48329
Fix & Flip
$ 189,000
ROI
24.9Cash Flow/m
269- 3 Bed
- 2 Bath
- 1990 sft
183 Scott Lake Rd, Waterford, MI, 48328
Fix & Flip
$ 249,900
ROI
27.6Cash Flow/m
543- 3 Bed
- 2 Bath
- 2150 sft
1300 Edgeorge St, Waterford, MI, 48327
Why Invest in Waterford, Michigan?
Fix-and-flip opportunities in Waterford, MI, offer strong potential with homes selling in a competitive market after just 24 days on average. Recent median sale prices reached $279K, up 5.3% year-over-year, supporting solid resale profits. Appreciation trends around 3-5% align with low vacancy and steady demand from renters at 30% occupancy. Cap rates hover near 7%, with average rents fueling quick flips for investors targeting cosmetic rehabs.
18%
Avg. ROI
6.8%
Rental Yield
7.2%
Cap Rate
$450/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
4.2%
1Y Appreciation
Frequently Asked Questions
Yes, with median prices up 5% and homes selling in 24 days, flips yield strong ROI. Competitive market favors renovated properties. Focus on single-family homes under $250K purchase.
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