Under $200K Investment Properties for Sale in Waterford, MI
Listed for sale 3 days ago
$ 180,000
ROI
23.6
Cash Flow/m
192- 2 Bed
- 1 Bath
- 720 sft
5812 Oster Dr, Waterford, MI, 48327
Motivated Seller
Listed for sale 3 days ago
$ 170,000
ROI
24.6Cash Flow/m
228- 2 Bed
- 1 Bath
- 861 sft
1532 Crescent Lake Rd, Waterford, MI, 48327
Motivated Seller
Listed for sale 4 days ago
$ 185,000
ROI
23.0Cash Flow/m
168- 3 Bed
- 3 Bath
- 1752 sft
2803 Reflection Ave, Waterford, MI, 48328
Listed for sale 5 days ago
$ 189,900
ROI
24.2Cash Flow/m
237- 2 Bed
- 2 Bath
- 1375 sft
2229 Rosemary 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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