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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 1 day ago
$ 239,900
ROI
24.7
Cash Flow/m
330- 3 Bed
- 1 Bath
- 1006 sft
791 Wordsworth St, Ferndale, MI, 48220
Listed for sale 1 day ago
$ 215,000
ROI
21.3Cash Flow/m
91- 3 Bed
- 1 Bath
- 909 sft
1169 W Marshall St, Ferndale, MI, 48220
Listed for sale 3 days ago
$ 125,000
ROI
25.0Cash Flow/m
181- 1 Bed
- 1 Bath
- 518 sft
824 Beaufield St, Ferndale, MI, 48220
Listed for sale 4 days ago
$ 305,000
ROI
26.3Cash Flow/m
551- 3 Bed
- 2 Bath
- 1658 sft
3291 Minerva 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
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