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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Romulus, MI

Listed for sale 6 days ago
$ 224,900
ROI
24.5
Cash Flow/m
295- 3 Bed
- 2 Bath
- 1276 sft
37700 Westvale St, Romulus, MI, 48174

$ 325,000
ROI
27.1
Cash Flow/m
667- 4 Bed
- 3 Bath
- 2174 sft
16901 Aberdeen Dr, Romulus, MI, 48174

$ 340,000
ROI
26.2
Cash Flow/m
606- 3 Bed
- 3 Bath
- 1737 sft
33324 Sand Piper Dr, Romulus, MI, 48174

$ 209,000
ROI
25.4
Cash Flow/m
331- 3 Bed
- 1 Bath
- 864 sft
38114 Walnut St, 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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