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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 3 days ago
$ 279,000
ROI
29.5
Cash Flow/m
756- 3 Bed
- 3 Bath
- 1610 sft
36840 Chase St, Romulus, MI, 48174
Listed for sale 5 days ago
$ 209,900
ROI
30.1Cash Flow/m
603- 3 Bed
- 2 Bath
- 1507 sft
28751 Leroy St, Romulus, MI, 48174
Listed for sale 7 days ago
$ 200,000
ROI
26.9Cash Flow/m
395- 2 Bed
- 1 Bath
- 1164 sft
36553 Romulus Ave, Romulus, MI, 48174
$ 308,000
ROI
22.2Cash Flow/m
212- 3 Bed
- 3 Bath
- 2170 sft
6196 Crystal Lake Dr, 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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