High Rental Yield Investment Properties for Sale in Melvindale, MI
$ 189,000
ROI
28.0
Cash Flow/m
431- 3 Bed
- 1 Bath
- 880 sft
17535 Wall St, Melvindale, MI, 48122
$ 119,000
ROI
24.0Cash Flow/m
140- 2 Bed
- 1 Bath
- 819 sft
18917 Wall St, Melvindale, MI, 48122
$ 139,900
ROI
23.4Cash Flow/m
140- 2 Bed
- 1 Bath
- 783 sft
19145 Wall St, Melvindale, MI, 48122
$ 180,000
ROI
24.1Cash Flow/m
217- 3 Bed
- 2 Bath
- 2228 sft
24021 Outer Dr, 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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