Investment Properties for Sale in Melvindale, MI | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Investment Properties for Sale in Melvindale, MI

Property at 2303 Fisher St, Melvindale, MI
$ 170,000
ROI
29.5ROI percentage
Cash Flow/m
Dollar sign463
  • 2 Bed
  • 1 Bath
  • 871 sft
2303 Fisher St, Melvindale, MI, 48122
Property at 18861 Wood St, Melvindale, MI
$ 199,900
ROI
31.9ROI percentage
Cash Flow/m
Dollar sign675
  • 3 Bed
  • 1 Bath
  • 1497 sft
18861 Wood St, Melvindale, MI, 48122
Property at 17419 Prospect St, Melvindale, MI
$ 160,000
ROI
24.4ROI percentage
Cash Flow/m
Dollar sign206
  • 3 Bed
  • 1 Bath
  • 902 sft
17419 Prospect St, Melvindale, MI, 48122
Property at 17134 Robert St, Melvindale, MI
$ 149,000
ROI
24.6ROI percentage
Cash Flow/m
Dollar sign199
  • 2 Bed
  • 1 Bath
  • 744 sft
17134 Robert St, Melvindale, MI, 48122

Why Invest in Melvindale, Michigan?

Investing in Melvindale, MI offers unique opportunities in a city with steady appreciation and a solid rental demand. The average rental yield of 7.2% makes it attractive for investors looking for stable cash flow. With a cap rate around 6.5%, properties here provide competitive returns compared to other Michigan cities. The average cash flow per property is positive, supported by an average rent of $950 monthly. Melvindale’s renter-occupied rate of 60% reflects a healthy rental market with ongoing demand.

8%
Avg. ROI
7.2%
Rental Yield
6.5%
Cap Rate
$220/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3.5%
1Y Appreciation

Frequently Asked Questions

The average rental yield in Melvindale is approximately 7.2%, making it a solid choice for investors seeking stable rental income.

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