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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Redford, MI
Listed for sale 2 days ago
$ 192,000
ROI
23.4
Cash Flow/m
196- 4 Bed
- 2 Bath
- 1787 sft
13511 Dixie, Redford, MI, 48239
Listed for sale 2 days ago
$ 220,000
ROI
21.5Cash Flow/m
107- 4 Bed
- 3 Bath
- 2770 sft
24602 Graham Rd, Redford, MI, 48239
Fix & Flip
Listed for sale 2 days ago
$ 174,900
ROI
23.6Cash Flow/m
189- 3 Bed
- 2 Bath
- 818 sft
17606 Norborne, Redford, MI, 48240
Listed for sale 3 days ago
$ 194,900
ROI
23.7Cash Flow/m
216- 4 Bed
- 1 Bath
- 1502 sft
19815 Poinciana, Redford, MI, 48240
Why Invest in Redford, Michigan?
Investors seeking high rental yield properties in Redford, MI can find attractive opportunities with an average rental yield of 8.5%. This city combines solid appreciation rates of around 3% annually with stable cap rates averaging 7%. Redford benefits from a strong renter-occupied rate of 65%, ensuring steady demand. Average cash flow for rental properties is approximately $450 per month, with typical rents around $1,200, making it a lucrative market for cash flow-oriented investors.
9%
Avg. ROI
8.5%
Rental Yield
7%
Cap Rate
$450/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Redford, MI is approximately 8.5%, making it a strong market for real estate investors focused on income generation.
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