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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 1 day ago
$ 210,000
ROI
20.3
Cash Flow/m
34- 4 Bed
- 2 Bath
- 1464 sft
11515 Whitehorn St, Romulus, MI, 48174
Listed for sale 3 days ago
$ 149,900
ROI
23.7Cash Flow/m
164- 3 Bed
- 1 Bath
- 1080 sft
6715 Niagara St, Romulus, MI, 48174
Fix & Flip
Listed for sale 6 days ago
$ 126,500
ROI
23.6Cash Flow/m
135- 3 Bed
- 1 Bath
- 974 sft
35799 Park Pl, Romulus, MI, 48174
$ 149,900
ROI
23.1Cash Flow/m
139- 3 Bed
- 2 Bath
- 1500 sft
35945 Herman 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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