Single Family 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 single-family homes in Melvindale, MI offers a stable opportunity within a city showing steady appreciation and attractive rental yields. With an average ROI of 7.2%, investors can benefit from a rental yield near 6%, complemented by a cap rate of about 5.5%. Average rent levels remain affordable, supporting consistent cash flow and strong renter occupancy around 60%. The local market is supported by growing employment sectors, making Melvindale a promising spot for long-term investment.
7.2%
Avg. ROI
6%
Rental Yield
5.5%
Cap Rate
$850/mo
Avg. Cash Flow
$1000/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for single-family homes in Melvindale is approximately 6%, making it a solid choice for income-focused investors.
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