High Rental Yield Investment Properties for Sale in Ferndale, MI
Listed for sale 2 days ago
$ 190,000
ROI
23.7
Cash Flow/m
210- 2 Bed
- 2 Bath
- 1187 sft
201 W Webster 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 2 days ago
$ 270,000
ROI
26.5Cash Flow/m
510- 3 Bed
- 2 Bath
- 1214 sft
404 Laprairie St, Ferndale, MI, 48220
Listed for sale 2 days ago
$ 349,999
ROI
20.2Cash Flow/m
40- 3 Bed
- 2 Bath
- 1498 sft
1066 Pearson 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.
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