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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Hazel Park, MI
Listed for sale 3 days ago
$ 219,900
ROI
28.7
Cash Flow/m
547- 3 Bed
- 2 Bath
- 1123 sft
1727 E Elza Ave, Hazel Park, MI, 48030
$ 310,000
ROI
23.3Cash Flow/m
302- 3 Bed
- 2 Bath
- 1385 sft
434 W Bernhard Ave, Hazel park, MI, 48030
Listed for sale 4 days ago
$ 219,000
ROI
26.4Cash Flow/m
405- 3 Bed
- 1 Bath
- 940 sft
23384 Vassar Ave, Hazel Park, MI, 48030
Fix & Flip
Listed for sale 4 days ago
$ 118,000
ROI
24.7Cash Flow/m
162- 3 Bed
- 1 Bath
- 850 sft
20805 S Chrysler Dr, Hazel Park, MI, 48030
Why Invest in Hazel Park, Michigan?
Investing in Hazel Park, MI offers promising opportunities with steady rental yields and a growing rental market. The average ROI hovers around 7%, supported by an average cap rate of 6.2%. The city’s rental demand is fueled by a renter-occupied rate of 52%, ensuring consistent cash flow for investors. Average rents in Hazel Park remain affordable, enhancing tenant retention and appreciation potential. These metrics, combined with an average cash flow of $800 monthly, make Hazel Park a solid choice for investors.
7%
Avg. ROI
6.5%
Rental Yield
6.2%
Cap Rate
$800/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Hazel Park is approximately 6.5%, reflecting healthy rental income relative to property values.
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