High Yield Properties in Romulus, MI (8%+ Yield) | Ziffy.ai
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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

Property at 33445 Bay Hill Dr, Romulus, MI
Listed for sale 4 days ago
$ 399,000
ROI
24.1ROI percentage
Cash Flow/m
Dollar sign480
  • 3 Bed
  • 4 Bath
  • 1974 sft
33445 Bay Hill Dr, Romulus, MI, 48174
Property at 36852 Chase St, Romulus, MI
$ 239,000
ROI
28.5ROI percentage
Cash Flow/m
Dollar sign580
  • 3 Bed
  • 2 Bath
  • 1572 sft
36852 Chase St, Romulus, MI, 48174
Property at 9415 Tobine St, Romulus, MI
Fix & Flip
$ 129,900
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign120
  • 2 Bed
  • 1 Bath
  • 1216 sft
9415 Tobine St, Romulus, MI, 48174
Property at 15432 Orchard St, Romulus, MI
$ 220,000
ROI
25.8ROI percentage
Cash Flow/m
Dollar sign367
  • 3 Bed
  • 1 Bath
  • 816 sft
15432 Orchard 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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