High ROI 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 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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