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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 5 days ago
$ 185,000
ROI
23.9
Cash Flow/m
211- 3 Bed
- 1 Bath
- 1200 sft
7641 Pelham Rd, Allen Park, MI, 48101
Listed for sale 6 days ago
$ 219,900
ROI
20.1Cash Flow/m
21- 3 Bed
- 1 Bath
- 1282 sft
9709 Laurence Ave, Allen Park, MI, 48101
$ 334,900
ROI
29.9Cash Flow/m
942- 4 Bed
- 3 Bath
- 2025 sft
8076 Winona Ave, Allen Park, MI, 48101
$ 275,000
ROI
23.4Cash Flow/m
276- 4 Bed
- 2 Bath
- 2368 sft
9636 Quandt 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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