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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High ROI Investment Properties for Sale in Melvindale, MI
$ 170,000
ROI
29.5
Cash Flow/m
463- 2 Bed
- 1 Bath
- 871 sft
2303 Fisher St, Melvindale, MI, 48122
$ 199,900
ROI
31.9Cash Flow/m
675- 3 Bed
- 1 Bath
- 1497 sft
18861 Wood St, Melvindale, MI, 48122
$ 160,000
ROI
24.4Cash Flow/m
206- 3 Bed
- 1 Bath
- 902 sft
17419 Prospect St, Melvindale, MI, 48122
$ 149,000
ROI
24.6Cash Flow/m
199- 2 Bed
- 1 Bath
- 744 sft
17134 Robert St, Melvindale, MI, 48122
Why Invest in Melvindale, Michigan?
Investing in Melvindale, MI offers promising opportunities with a focus on high ROI properties. This area boasts a cap rate around 7%, rental yields near 9%, and an average cash flow exceeding $250 monthly. Appreciation rates remain steady, providing investors with balanced growth and income. Renter occupancy rates are strong, ensuring consistent rental demand in this Detroit suburb.
8.5%
Avg. ROI
9%
Rental Yield
7%
Cap Rate
$260/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
High ROI is generally found in small multi-family properties and single-family homes geared toward the rental market, benefiting from steady demand and strong cash flow.
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