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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Highland Park, MI
Rental Income
Listed for sale 1 day ago
$ 111,999
ROI
24.3
Cash Flow/m
140- 3 Bed
- 1 Bath
- 1471 sft
20471 Marx St, Highland Park, MI, 48203
$ 230,000
ROI
21.4Cash Flow/m
103- 4 Bed
- 3 Bath
- 2743 sft
550 W Grixdale, Highland Park, MI, 48203
$ 145,000
ROI
23.6Cash Flow/m
156- 4 Bed
- 2 Bath
- 1800 sft
195 Massachusetts St, Highland Park, MI, 48203
$ 114,900
ROI
24.8Cash Flow/m
162- 3 Bed
- 2 Bath
- 1759 sft
215 Winona St, Highland Park, MI, 48203
Why Invest in Highland Park, Michigan?
Investing in Highland Park, MI offers unique opportunities in the Detroit metro area with notable appreciation and rental yields. With an average ROI around 7%, rental yield near 9%, and a cap rate averaging 6%, investors can expect robust cash flow and growing renter occupancy rates. The city's recovery efforts support steady appreciation, making it a potentially lucrative market for multifamily or residential investments.
7%
Avg. ROI
9%
Rental Yield
6%
Cap Rate
$850/mo
Avg. Cash Flow
$900/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Highland Park is approximately 9%, making it an appealing market for rental property investors.
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