Investment Properties for Sale in Allen Park, MI
Listed for sale 2 days ago
$ 249,999
ROI
28.8
Cash Flow/m
628- 3 Bed
- 2 Bath
- 1742 sft
9864 Niver Ave, Allen Park, MI, 48101
Listed for sale 2 days ago
$ 149,900
ROI
24.5Cash Flow/m
199- 2 Bed
- 1 Bath
- 754 sft
14987 University St, Allen Park, MI, 48101
Listed for sale 3 days ago
$ 194,900
ROI
24.1Cash Flow/m
237- 3 Bed
- 2 Bath
- 1790 sft
14924 Euclid Ave, Allen Park, MI, 48101
Fix & Flip
Listed for sale 3 days ago
$ 145,000
ROI
23.3Cash Flow/m
141- 3 Bed
- 2 Bath
- 1925 sft
7660 Shenandoah 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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