High Rental Yield Investment Properties for Sale in Hamtramck, MI
Listed for sale 1 day ago
$ 180,000
ROI
27.0
Cash Flow/m
365- 3 Bed
- 1 Bath
- 806 sft
11690 Gallagher St, Hamtramck, MI, 48212
Listed for sale 2 days ago
$ 170,000
ROI
24.3Cash Flow/m
215- 3 Bed
- 2 Bath
- 1558 sft
2049 Edwin St, Hamtramck, MI, 48212
Currently Rented
Rental Income
Listed for sale 3 days ago
$ 235,000
ROI
21.5Cash Flow/m
111- 6 Bed
- 2 Bath
- 2041 sft
2094 Trowbridge St, Hamtramck, MI, 48212
Listed for sale 6 days ago
$ 220,000
ROI
20.1Cash Flow/m
20- 4 Bed
- 1 Bath
- 1036 sft
5059 Harold St, Hamtramck, MI, 48212
Why Invest in Hamtramck, Michigan?
Investing in Hamtramck, MI presents a unique opportunity for high rental yield properties. This city offers an average rental yield of 9%, supported by a strong renter-occupied rate of 65%. With an average ROI of 8% and cap rates near 7%, investors benefit from steady cash flow averaging $850 per month. Appreciation rates remain modest at around 3%, making Hamtramck an appealing market for reliable, income-focused investments.
8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$300/mo
Avg. Cash Flow
$850/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Hamtramck is approximately 9%, making it a strong market for income-focused investors.
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