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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 5 days ago
$ 319,900
ROI
27.5
Cash Flow/m
685- 3 Bed
- 3 Bath
- 1723 sft
1844 Jarvis 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 6 days ago
$ 300,000
ROI
22.3Cash Flow/m
216- 2 Bed
- 3 Bath
- 1375 sft
402 Jeff Keeton Dr #12, Hazel Park, MI, 48030
Listed for sale 6 days ago
$ 139,900
ROI
23.3Cash Flow/m
138- 2 Bed
- 1 Bath
- 794 sft
49 E Madge Ave, 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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