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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $200K Investment Properties for Sale in West Bloomfield, MI
Listed for sale 1 day ago
$ 179,000
ROI
24.8
Cash Flow/m
251- 3 Bed
- 1 Bath
- 1391 sft
1611 Weymouth Ave, West Bloomfield, MI, 48324
$ 199,500
ROI
24.9Cash Flow/m
283- 2 Bed
- 1 Bath
- 1224 sft
4212 Greendale Ave, West Bloomfield, MI, 48323
$ 127,900
ROI
61.6Cash Flow/m
1488- - Bed
- - Bath
- - sft
Lots 13 & 14 Latimer St, West Bloomfield, MI, 48324
$ 200,000
ROI
46.9Cash Flow/m
1511- 2 Bed
- 2 Bath
- 960 sft
3915 Lone Pine Rd APT 303, West Bloomfield, MI, 48323
Why Invest in West Bloomfield, Michigan?
Investing in West Bloomfield, MI, with a focus on properties under $200k can provide steady cash flow and attractive rental yields. This market benefits from a solid average ROI around 7% and cap rates near 6%, making it competitive in the Detroit metro region. Appreciation rates are moderate, allowing stable growth over time. The renter-occupied rate is healthy, ensuring demand for investment properties. Affordable pricing combined with favorable metrics makes West Bloomfield appealing to savvy investors.
7%
Avg. ROI
8.5%
Rental Yield
6%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Properties under $200k typically offer an average ROI of around 7% in West Bloomfield, reflecting steady income and appreciation potential.
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