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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Melvindale, MI
Listed for sale 6 days ago
$ 249,900
ROI
20.8
Cash Flow/m
70- 3 Bed
- 2 Bath
- 1900 sft
3575 Furgerson St, Melvindale, MI, 48122
Listed for sale 6 days ago
$ 144,900
ROI
24.1Cash Flow/m
175- 3 Bed
- 1 Bath
- 1570 sft
18247 Harman St, Melvindale, MI, 48122
$ 169,900
ROI
24.2Cash Flow/m
209- 4 Bed
- 1 Bath
- 1196 sft
19531 Wood St, Melvindale, MI, 48122
$ 135,000
ROI
23.3Cash Flow/m
133- 3 Bed
- 1 Bath
- 860 sft
18875 Robert St, Melvindale, MI, 48122
Why Invest in Melvindale, Michigan?
Investing in Melvindale, MI offers attractive opportunities, especially with a focus on properties delivering high rental yield. The city’s average ROI hovers around 8%, supported by a cap rate near 7% and an average rental yield of 9%. Investors benefit from solid cash flow with average monthly rents near $950 and steady appreciation around 3% annually. These metrics indicate a promising market for those targeting income-generating residential real estate within the Detroit metro area.
8%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$350/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
Melvindale offers strong rental yields around 9% combined with affordable property prices and steady tenant demand, making it ideal for investors focusing on cash flow.
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