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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
Listed for sale 3 days ago
$ 189,900
ROI
23.9
Cash Flow/m
217- 2 Bed
- 2 Bath
- 1248 sft
4336 Richalva Ct, Waterford, MI, 48329
Listed for sale 3 days ago
$ 200,000
ROI
20.4Cash Flow/m
36- 2 Bed
- 2 Bath
- 1014 sft
3461 Ardreth Dr, Waterford, MI, 48329
Fix & Flip
Listed for sale 3 days ago
$ 147,000
ROI
23.9Cash Flow/m
169- 2 Bed
- 1 Bath
- 1344 sft
3985 Motorway Dr, Waterford, MI, 48328
$ 165,000
ROI
29.5Cash Flow/m
449- 2 Bed
- 1 Bath
- 725 sft
59 Camley Dr, 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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