High Rental Yield Investment Properties for Sale in Romulus, MI
Listed for sale 5 days ago
$ 183,000
ROI
23.9
Cash Flow/m
208- 3 Bed
- 1 Bath
- 1242 sft
5932 Colorado St, Romulus, MI, 48174
$ 220,000
ROI
21.7Cash Flow/m
118- 3 Bed
- 2 Bath
- 1376 sft
15212 Orchard Ct, Romulus, MI, 48174
$ 260,000
ROI
26.3Cash Flow/m
469- 3 Bed
- 2 Bath
- 1588 sft
35520 Ronald St, Romulus, MI, 48174
$ 279,900
ROI
21.9Cash Flow/m
167- 3 Bed
- 2 Bath
- 1247 sft
9930 Shook Rd, Romulus, MI, 48174
Why Invest in Romulus, Michigan?
Investing in Romulus, MI offers strong opportunities for high rental yield properties, appealing to savvy investors looking for stable returns. The city's average rental yield sits around 10%, with a cap rate near 8%, reflecting promising cash flow potential. Local properties benefit from an average ROI exceeding 7%, supported by affordable average rents and steady appreciation. Romulus's renter-occupied rate is above 55%, demonstrating a healthy demand for rentals in the area.
7.2%
Avg. ROI
10.1%
Rental Yield
7.8%
Cap Rate
$550/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield for high rental yield properties in Romulus, MI is approximately 10%, reflecting strong potential returns on investment.
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