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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Wayne, MI
Listed for sale today
$ 249,900
ROI
24.8
Cash Flow/m
349- 3 Bed
- 2 Bath
- 2164 sft
36436 Center Ct, Wayne, MI, 48184
Listed for sale 1 day ago
$ 180,000
ROI
24.7Cash Flow/m
247- 3 Bed
- 1 Bath
- 1665 sft
4300 Edmund St, Wayne, MI, 48184
Listed for sale 3 days ago
$ 259,900
ROI
21.5Cash Flow/m
122- 4 Bed
- 2 Bath
- 1332 sft
5157 Niagara St, Wayne, MI, 48184
Currently Rented
Rental Income
$ 200,000
ROI
23.5Cash Flow/m
208- 4 Bed
- 2 Bath
- 1960 sft
35230 Chestnut 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.
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