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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Allen Park, MI
Listed for sale 2 days ago
$ 230,000
ROI
21.7
Cash Flow/m
126- 3 Bed
- 2 Bath
- 1665 sft
9903 Ruth Ave, Allen Park, MI, 48101
Listed for sale 3 days ago
$ 239,900
ROI
34.5Cash Flow/m
987- 4 Bed
- 2 Bath
- 1556 sft
7121 Osage Ave, Allen Park, MI, 48101
Listed for sale 4 days ago
$ 214,900
ROI
27.3Cash Flow/m
454- 2 Bed
- 2 Bath
- 1784 sft
15204 Horger Ave, Allen Park, MI, 48101
Listed for sale 6 days ago
$ 219,900
ROI
21.0Cash Flow/m
78- 2 Bed
- 2 Bath
- 1326 sft
7613 Kolb Ave, Allen Park, MI, 48101
Why Invest in Allen Park, Michigan?
Investing in Allen Park, MI offers a stable market with an average ROI of 7.2%. Rental properties here yield about 6.0% annually, making it attractive for steady cash flow. Cap rates average 5.8%, and the average monthly rent is around $1,100. Appreciation rates hover near 2.5% yearly, supported by a renter-occupied rate of 45%. Investors can benefit from the locality's strong economic fundamentals and affordable entry prices.
7.2%
Avg. ROI
6%
Rental Yield
5.8%
Cap Rate
$350/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Allen Park is approximately 6.0%, making it a solid option for rental property investors.
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