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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in River Rouge, MI
$ 155,000
ROI
29.7
Cash Flow/m
429- 4 Bed
- 2 Bath
- - sft
216 Goodell St, River Rouge, MI, 48218
Currently Rented
Rental Income
$ 135,000
ROI
33.7Cash Flow/m
525- 5 Bed
- 2 Bath
- 1650 sft
17 W James St, River Rouge, MI, 48218
Rental Income
$ 175,000
ROI
26.1Cash Flow/m
308- 4 Bed
- 2 Bath
- 2150 sft
38 Myrtle St, River Rouge, MI, 48218
Currently Rented
$ 115,000
ROI
33.6Cash Flow/m
443- 4 Bed
- 2 Bath
- 1654 sft
44 E James St, River Rouge, MI, 48218
Why Invest in River Rouge, Michigan?
Investing in multi-family properties in River Rouge, MI offers attractive opportunities due to steady rental demand and favorable cap rates. The area benefits from a growing renter-occupied population at nearly 65%, supporting stable cash flow potential. Investors can expect an average ROI of around 7%, with rental yields near 6%. Local appreciation rates of approximately 3% annually reflect a stable market driven by ongoing community revitalization efforts.
7%
Avg. ROI
6%
Rental Yield
6.5%
Cap Rate
$1200/mo
Avg. Cash Flow
$950/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average cap rate for multi-family properties in River Rouge is approximately 6.5%, reflecting moderate risk and steady rental income potential.
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