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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Investment Properties for Sale in Oak Park, MI
Listed for sale today
$ 245,000
ROI
21.3
Cash Flow/m
105- 4 Bed
- 3 Bath
- 1760 sft
24091 Eastwood St, Oak Park, MI, 48237
Listed for sale 2 days ago
$ 230,000
ROI
27.4Cash Flow/m
490- 3 Bed
- 1 Bath
- 1098 sft
15130 Oak Park Blvd, Oak Park, MI, 48237
Listed for sale 2 days ago
$ 159,900
ROI
23.9Cash Flow/m
183- 2 Bed
- 1 Bath
- 827 sft
10750 Albany St, Oak Park, MI, 48237
Listed for sale 3 days ago
$ 419,900
ROI
21.9Cash Flow/m
250- 4 Bed
- 4 Bath
- 2518 sft
23701 Marlow St, Oak Park, MI, 48237
Why Invest in Oak Park, Michigan?
Investing in Oak Park, MI offers great opportunities for real estate investors seeking stable returns and healthy rental yields. With an average ROI of around 7% and cap rates near 6%, investors can expect consistent cash flow and appreciation. The local rental market benefits from a renter-occupied rate of 65%, indicating ongoing demand for residential properties. Oak Park's strategic location near Detroit enhances economic growth potential and rental income stability.
7%
Avg. ROI
8.5%
Rental Yield
6%
Cap Rate
$950/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
2.5%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Oak Park is approximately 8.5%, making it a favorable market for rental property investors.
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