Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Ferndale, MI
Listed for sale today
$ 240,000
ROI
20.2
Cash Flow/m
27- 3 Bed
- 2 Bath
- 1148 sft
1313 W Hazelhurst St, Ferndale, MI, 48220
$ 360,000
ROI
20.0Cash Flow/m
27- 3 Bed
- 2 Bath
- 1466 sft
634 E Lewiston Ave, FERNDALE, MI, 48220
Listed for sale 3 days ago
$ 399,999
ROI
23.0Cash Flow/m
362- 3 Bed
- 2 Bath
- 1652 sft
214 E Hazelhurst St, Ferndale, MI, 48220
Rental Income
Listed for sale 5 days ago
$ 379,000
ROI
23.8Cash Flow/m
426- 4 Bed
- 2 Bath
- 1794 sft
441 W Troy St, Ferndale, MI, 48220
Why Invest in Ferndale, Michigan?
Investing in high rental yield properties in Ferndale, MI offers a unique opportunity to capitalize on a stable rental market with an average rental yield of 8.5%. This area boasts a strong cap rate of 6.2% and an average ROI near 9%, driven by steady renter demand and moderate property appreciation around 3%. Ferndale's consistent cash flow and a renter-occupied rate of 58% make it a favorable location for real estate investors seeking solid returns in Southeast Michigan.
9%
Avg. ROI
8.5%
Rental Yield
6.2%
Cap Rate
$1200/mo
Avg. Cash Flow
$1100/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Ferndale for high rental yield properties is approximately 8.5%, driven by steady rental demand and moderate property prices.
Find Your Perfect Investment Property in Ferndale, Michigan
Explore investment opportunities by strategy, performance, or property type
