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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Highland Park, MI

$ 225,000
ROI
24.5
Cash Flow/m
295- 6 Bed
- 2 Bath
- 2200 sft
21 North St, Highland Park, MI, 48203

Fix & Flip
$ 190,000
ROI
26.2
Cash Flow/m
339- 6 Bed
- 2 Bath
- 2510 sft
72 Pilgrim St, Highland Park, MI, 48203

Rental Income
$ 169,999
ROI
27.2
Cash Flow/m
350- - Bed
- 2 Bath
- 2188 sft
20035 Coventry St, Highland Park, MI, 48203

$ 180,000
ROI
22.1
Cash Flow/m
120- 4 Bed
- 2 Bath
- - sft
20208 Andover St, Highland Park, MI, 48203
Why Invest in Highland Park, Michigan?
Investing in multi-family properties in Highland Park, MI offers promising returns amid urban revitalization efforts. With a rental yield around 7.4% and an average ROI near 9%, investors benefit from steady cash flows averaging $1,100 monthly per unit. Appreciation remains solid at approximately 3.8% yearly thanks to ongoing development. The high renter occupancy rate of 88% underscores consistent market demand, making multi-family investments a strategic choice here.
9%
Avg. ROI
7.4%
Rental Yield
6.5%
Cap Rate
$1100/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.8%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Highland Park for multi-family properties is approximately 7.4%, making it attractive for investors seeking steady income.
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