Under $300K Investment Properties for Sale in Waterford, MI

Discover investment opportunities in Waterford, MI with properties under $300k offering strong potential for cash flow and appreciation. This Oakland County charter township provides access to affordable single-family homes and rentals near Detroit's metro area. Average rental yields hover around 7-8% with cap rates of 6-7% driven by steady demand from commuters. Renter occupancy exceeds 25%, supported by local job growth and proximity to major employers. Annual appreciation averages 4-5%, making under-$300k deals attractive for long-term holds.