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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 3 days ago
$ 184,900
ROI
23.5
Cash Flow/m
195- 3 Bed
- 2 Bath
- 1002 sft
10015 Brady, Redford, MI, 48239
Listed for sale 3 days ago
$ 250,000
ROI
22.1Cash Flow/m
163- 3 Bed
- 2 Bath
- 1225 sft
9984 Hemingway, Redford, MI, 48239
Listed for sale 6 days ago
$ 166,500
ROI
23.5Cash Flow/m
172- 3 Bed
- 1 Bath
- 960 sft
18735 Lexington, Redford, MI, 48240
$ 174,900
ROI
24.0Cash Flow/m
205- 3 Bed
- 1 Bath
- 1001 sft
13520 Fenton, Redford, MI, 48239
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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