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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 7 days ago
$ 189,900
ROI
30.6
Cash Flow/m
575- 3 Bed
- 1 Bath
- 1300 sft
17182 Henry St, Melvindale, MI, 48122
$ 149,900
ROI
23.5Cash Flow/m
154- 2 Bed
- 1 Bath
- 1224 sft
18800 Wall St, Melvindale, MI, 48122
$ 179,900
ROI
24.9Cash Flow/m
257- 3 Bed
- 1 Bath
- 1010 sft
17405 Palmer St, Melvindale, MI, 48122
Fix & Flip
Rental Income
$ 124,900
ROI
24.3Cash Flow/m
156- 2 Bed
- 1 Bath
- 1043 sft
18948 Wall 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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