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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in Waterford, MI
Fix & Flip
Listed for sale 6 days ago
$ 124,900
ROI
24.5
Cash Flow/m
164- 2 Bed
- 1 Bath
- 984 sft
135 Hershey Blvd, Waterford, MI, 48327
$ 185,000
ROI
31.0Cash Flow/m
580- 2 Bed
- 1 Bath
- 810 sft
1005 Lakeview St, Waterford, MI, 48328
$ 159,000
ROI
24.0Cash Flow/m
185- 2 Bed
- 1 Bath
- 852 sft
2835 Oldsmobile Ave, Waterford, MI, 48328
$ 200,000
ROI
20.7Cash Flow/m
51- 3 Bed
- 2 Bath
- 1017 sft
131 N Josephine Ave, Waterford, MI, 48328
Why Invest in Waterford, Michigan?
Discover investment opportunities in Waterford, MI under $200k, where affordable entry points meet steady rental demand. Properties in this price range offer solid cap rates around 8-10% and average rents of $1,400 monthly. The area's proximity to Detroit supports workforce housing needs with 6% annual appreciation. Renter-occupied units at 35% indicate reliable cash flow potential for investors. Oakland County's economic stability enhances long-term value growth.
9.5%
Avg. ROI
8.2%
Rental Yield
9.1%
Cap Rate
$450/mo
Avg. Cash Flow
$1400/mo
Avg. Rent
6.2%
1Y Appreciation
Frequently Asked Questions
Yes, multiple sources report 20-50 properties under $200k in Waterford. These include single-family homes and condos suitable for rentals. Inventory fluctuates, so check current listings regularly.
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