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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
High Rental Yield Investment Properties for Sale in Wayne, MI
Listed for sale 1 day ago
$ 275,000
ROI
28.0
Cash Flow/m
627- 3 Bed
- 3 Bath
- 1848 sft
37542 Whitney Dr, Wayne, MI, 48184
Listed for sale 3 days ago
$ 159,900
ROI
24.2Cash Flow/m
200- 3 Bed
- 1 Bath
- 1222 sft
34321 John St, Wayne, MI, 48184
Listed for sale 3 days ago
$ 154,999
ROI
23.0Cash Flow/m
140- 3 Bed
- 1 Bath
- 920 sft
34948 Richard St, Wayne, MI, 48184
Listed for sale 3 days ago
$ 159,000
ROI
24.3Cash Flow/m
200- 3 Bed
- 2 Bath
- 1859 sft
31651 Grant St, Wayne, MI, 48184
Why Invest in Wayne, Michigan?
Investing in Wayne, MI offers high rental yield opportunities, appealing to investors focused on maximizing cash flow. The area's average ROI stands around 8%, with rental yields reaching up to 10%. Cap rates remain competitive at approximately 7%, supported by average monthly rents near $900. Appreciation rates have been steady at 3%, complemented by a renter-occupied rate of 62%, indicating strong rental demand driven by local economic stability and population trends.
8%
Avg. ROI
10%
Rental Yield
7%
Cap Rate
$150/mo
Avg. Cash Flow
$900/mo
Avg. Rent
3%
1Y Appreciation
Frequently Asked Questions
The average rental yield in Wayne, MI is approximately 10%, making it an attractive location for investors seeking strong rental income.
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