High Rental Yield Investment Properties for Sale in Wayne, MI
Listed for sale 3 days ago
$ 214,900
ROI
28.0
Cash Flow/m
494- 3 Bed
- 2 Bath
- 1177 sft
34804 Ash St, Wayne, MI, 48184
Listed for sale 3 days ago
$ 164,900
ROI
30.5Cash Flow/m
494- 2 Bed
- 2 Bath
- 1078 sft
3366 Williams St, Wayne, MI, 48184
Listed for sale 6 days ago
$ 160,000
ROI
23.5Cash Flow/m
168- 2 Bed
- 1 Bath
- 1665 sft
4061 Hayes St, Wayne, MI, 48184
Fix & Flip
Listed for sale 6 days ago
$ 115,000
ROI
23.9Cash Flow/m
132- 3 Bed
- 1 Bath
- 1300 sft
4556 Cleveland 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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