Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Wayne, MI
Listed for sale 1 day ago
$ 275,000
ROI
28.0
Cash Flow/m
627- 3 Bed
- 3 Bath
- 1848 sft
37542 Whitney Dr, Wayne, MI, 48184
Listed for sale 3 days ago
$ 159,900
ROI
24.2Cash Flow/m
200- 3 Bed
- 1 Bath
- 1222 sft
34321 John St, Wayne, MI, 48184
Listed for sale 3 days ago
$ 154,999
ROI
23.0Cash Flow/m
140- 3 Bed
- 1 Bath
- 920 sft
34948 Richard St, Wayne, MI, 48184
Listed for sale 3 days ago
$ 159,000
ROI
24.3Cash Flow/m
200- 3 Bed
- 2 Bath
- 1859 sft
31651 Grant St, Wayne, MI, 48184
Why Invest in Wayne, Michigan?
Investing in Wayne, MI under $500k properties offers a unique opportunity to tap into a stable market with strong rental yields. With an average ROI of around 7%, investors benefit from steady cash flow and a cap rate near 6%. The area features a renter-occupied rate of approximately 55%, reflecting consistent tenant demand. Appreciation rates hover around 2% annually, aligning with economic growth in the region. These metrics suggest Wayne is a viable choice for real estate investment focused on affordability and growth.
7%
Avg. ROI
6.5%
Rental Yield
6%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Properties under $500k in Wayne typically yield an average ROI of around 7%, making them attractive for steady income and growth.
Find Your Perfect Investment Property in Wayne, Michigan
Explore investment opportunities by strategy, performance, or property type
