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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
Listed for sale 6 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 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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