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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Fix And Flip Investment Properties for Sale in Hazel Park, MI
Fix & Flip
Listed for sale 4 days ago
$ 118,000
ROI
24.7
Cash Flow/m
162- 3 Bed
- 1 Bath
- 850 sft
20805 S Chrysler Dr, Hazel Park, MI, 48030
Fix & Flip
$ 144,900
ROI
23.5Cash Flow/m
152- 3 Bed
- 1 Bath
- 909 sft
20747 Caledonia Ave, Hazel Park, MI, 48030
Fix & Flip
$ 119,900
ROI
23.2Cash Flow/m
115- 4 Bed
- 2 Bath
- 868 sft
1721 E Woodward Heights Blvd, Hazel Park, MI, 48030
Fix & Flip
$ 169,000
ROI
24.6Cash Flow/m
227- 4 Bed
- 2 Bath
- 1575 sft
1125 E Hayes Ave, Hazel Park, MI, 48030
Why Invest in Hazel Park, Michigan?
Investing in fix and flip properties in Hazel Park, MI offers a solid opportunity for high cash flow and appreciation in a growing Detroit metropolitan area. This location benefits from a rental yield around 8%, a cap rate near 7%, and average ROI of 12% for renovated homes. The city's renter-occupied rate is approximately 55%, providing steady demand. Average rents hover near $900 monthly, making it lucrative for investors aiming for quick profit on renovations.
12%
Avg. ROI
8%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
Hazel Park offers a strong rental market with growing rental yields, an affordable housing stock, and proximity to Detroit's job base, which contributes to steady demand for renovated properties.
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