Real Estate Investment Properties for Sale in Melvindale, MI

Looking for investment property in Melvindale, MI with high ROI ?

Explore a variety of short-term homes & houses in Melvindale, MI. Invest wisely with VRBO & Melvindale, MI Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Melvindale, MI

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
17447 Prospect St Melvindale, MI Great Opportunity in Melvindale! Welcome to this charming 3 bedroom, 1 bathroom ranch loca...	3 beds \| 1 baths \| 1,172 sq.ft.	$149,900	Airbnb cash on cash: 1.5% Traditional cash on cash: 6.44% Airbnb Rental Income: $1246 Traditional Rental Income: $1557 Airbnb ROI: 1.5% Traditional ROI: 6.44%
19940 Stanley St Melvindale, MI Buy through Auction.com. This foreclosure property is a great opportunity to invest in thi...	3 beds \| 1 baths \| 1,175 sq.ft.	$179,900	Airbnb cash on cash: 3.38% Traditional cash on cash: 5.97% Airbnb Rental Income: $1246 Traditional Rental Income: $1293 Airbnb ROI: 3.38% Traditional ROI: 5.97%
18634 Wood St Melvindale, MI Priced to sell! Welcome to this two family home with lots of space, located on a double lo...	3 beds \| 2 baths \| 1,164 sq.ft.	$159,900	Airbnb cash on cash: 2.47% Traditional cash on cash: 8.23% Airbnb Rental Income: $1246 Traditional Rental Income: $1728 Airbnb ROI: 2.47% Traditional ROI: 8.23%
18022 Henry St Melvindale, MI Welcome to 18022 Henry St in Melvindale! This move-in-ready 2-bedroom ranch offers a comfo...	2 beds \| 1 baths \| 720 sq.ft.	$99,900	Airbnb cash on cash: 4.81% Traditional cash on cash: 9.31% Airbnb Rental Income: $1198 Traditional Rental Income: $1246 Airbnb ROI: 4.81% Traditional ROI: 9.31%
19120 Dix Rd Melvindale, MI 19120 Dix Rd, Melvindale, MI 48122 \| Other	N/A beds \| N/A baths \| N/A	$149,999	Airbnb cash on cash: 0.12% Traditional cash on cash: 1.38% Airbnb Rental Income: $790 Traditional Rental Income: $650 Airbnb ROI: 0.12% Traditional ROI: 1.38%
18948 Wall St Melvindale, MI 18948 Wall St, Melvindale, MI 48122 \| Single Family Residential	2 beds \| 1 baths \| 1,043 sq.ft.	$124,900	Airbnb cash on cash: 3.45% Traditional cash on cash: 5.75% Airbnb Rental Income: $1198 Traditional Rental Income: $1085 Airbnb ROI: 3.45% Traditional ROI: 5.75%
001 Prospect St Melvindale, MI 001 Prospect St, Melvindale, MI 48122 \| Other	N/A beds \| N/A baths \| N/A	$65,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 5.61% Airbnb Rental Income: $790 Traditional Rental Income: $617 Airbnb ROI: 3.34% Traditional ROI: 5.61%
0002 Prospect Melvindale, MI 0002 Prospect, Melvindale, MI 48122 \| Other	N/A beds \| N/A baths \| N/A	$65,000	Airbnb cash on cash: 3.34% Traditional cash on cash: 5.46% Airbnb Rental Income: $790 Traditional Rental Income: $607 Airbnb ROI: 3.34% Traditional ROI: 5.46%
17913 Hanna St Melvindale, MI 17913 Hanna St, Melvindale, MI 48122 \| Single Family Residential	1 beds \| 1 baths \| 660 sq.ft.	$99,000	Airbnb cash on cash: -0.38% Traditional cash on cash: 3.59% Airbnb Rental Income: $583 Traditional Rental Income: $679 Airbnb ROI: -0.38% Traditional ROI: 3.59%
18051 Reed St Melvindale, MI Step inside a home where the hard work has already been done so you can simply move in and...	3 beds \| 2 baths \| 1,900 sq.ft.	$215,000	Airbnb cash on cash: 1.43% Traditional cash on cash: 7.24% Airbnb Rental Income: $1246 Traditional Rental Income: $2033 Airbnb ROI: 1.43% Traditional ROI: 7.24%
18039 Wood St Melvindale, MI 3-bedroom, 1-bath bungalow located in the heart of Melvindale and full of potential. Owned...	3 beds \| 1 baths \| 1,302 sq.ft.	$128,900	Airbnb cash on cash: 3.64% Traditional cash on cash: 7.92% Airbnb Rental Income: $1246 Traditional Rental Income: $1380 Airbnb ROI: 3.64% Traditional ROI: 7.92%
18800 Wall St Melvindale, MI 18800 Wall St, Melvindale, MI 48122 \| Single Family Residential	2 beds \| 1 baths \| 1,224 sq.ft.	$144,000	Airbnb cash on cash: 2.68% Traditional cash on cash: 4.87% Airbnb Rental Income: $1198 Traditional Rental Income: $1111 Airbnb ROI: 2.68% Traditional ROI: 4.87%
18923 Hanna St Melvindale, MI 18923 Hanna St, Melvindale, MI 48122 \| Single Family Residential	4 beds \| 2 baths \| 1,536 sq.ft.	$179,900	Airbnb cash on cash: 7.1% Traditional cash on cash: 7.89% Airbnb Rental Income: $2313 Traditional Rental Income: $1874 Airbnb ROI: 7.1% Traditional ROI: 7.89%
19621 Wood St Melvindale, MI 19621 Wood St, Melvindale, MI 48122 \| Single Family Residential	8 beds \| 3 baths \| 8,261 sq.ft.	$699,000	Airbnb cash on cash: N/A Traditional cash on cash: 1.43% Airbnb Rental Income: $null Traditional Rental Income: $2673 Airbnb ROI: N/A Traditional ROI: 1.43%
2388 Corbin St Melvindale, MI 2388 Corbin St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 807 sq.ft.	$124,900	Airbnb cash on cash: 3.79% Traditional cash on cash: 6.72% Airbnb Rental Income: $1246 Traditional Rental Income: $1202 Airbnb ROI: 3.79% Traditional ROI: 6.72%
18233 Ruth St Melvindale, MI 18233 Ruth St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 2 baths \| 888 sq.ft.	$159,900	Airbnb cash on cash: 2.44% Traditional cash on cash: 6.14% Airbnb Rental Income: $1246 Traditional Rental Income: $1414 Airbnb ROI: 2.44% Traditional ROI: 6.14%
3264 Maple Dr Melvindale, MI $10,000.00 PRICE REDUCTION!!! Charming 3-bedroom home in a quiet, established neighborhood...	3 beds \| 2 baths \| 2,064 sq.ft.	$249,900	Airbnb cash on cash: 0.68% Traditional cash on cash: 4.25% Airbnb Rental Income: $1246 Traditional Rental Income: $1690 Airbnb ROI: 0.68% Traditional ROI: 4.25%
24362 Outer Dr Melvindale, MI 24362 Outer Dr, Melvindale, MI 48122 \| Single Family Residential	4 beds \| 3 baths \| 3,216 sq.ft.	$400,000	Airbnb cash on cash: 1.86% Traditional cash on cash: 4.33% Airbnb Rental Income: $2313 Traditional Rental Income: $2664 Airbnb ROI: 1.86% Traditional ROI: 4.33%
17358 Clarann St Melvindale, MI 17358 Clarann St, Melvindale, MI 48122 \| Single Family Residential	7 beds \| 3 baths \| 1,010 sq.ft.	$250,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.04% Airbnb Rental Income: $null Traditional Rental Income: $1879 Airbnb ROI: N/A Traditional ROI: 5.04%
18825 Hanna St Melvindale, MI Don't miss this solid, move-in-ready home, All-brick ranch in Melvindale, built 2000! This...	3 beds \| 1 baths \| 1,040 sq.ft.	$249,000	Airbnb cash on cash: 1.36% Traditional cash on cash: 3.38% Airbnb Rental Income: $1246 Traditional Rental Income: $1325 Airbnb ROI: 1.36% Traditional ROI: 3.38%
2539 Margaret St Melvindale, MI 2539 Margaret St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 900 sq.ft.	$139,500	Airbnb cash on cash: 3.15% Traditional cash on cash: 5.75% Airbnb Rental Income: $1246 Traditional Rental Income: $1198 Airbnb ROI: 3.15% Traditional ROI: 5.75%
17169 Harman Street Melvindale, MI NEW CONSTRUCTION JUNE/JULY 2026 OCCUPANCY RENDERING PHOTO/PHOTOS ARE A REPRENTATION BU...	4 beds \| 3 baths \| 1,857 sq.ft.	$295,000	Airbnb cash on cash: 4.3% Traditional cash on cash: 8.4% Airbnb Rental Income: $2313 Traditional Rental Income: $2877 Airbnb ROI: 4.3% Traditional ROI: 8.4%
17506 Reed Street Melvindale, MI NEW CONSTRUCTION JUNE/JULY 2026 OCCUPANCY RENDERING PHOTO/PHOTOS ARE A REPRENTATION BU...	3 beds \| 3 baths \| 1,535 sq.ft.	$250,000	Airbnb cash on cash: 1.74% Traditional cash on cash: 8.39% Airbnb Rental Income: $1246 Traditional Rental Income: $2420 Airbnb ROI: 1.74% Traditional ROI: 8.39%
19643 Harman Street Melvindale, MI NEW CONSTRUCTION JUNE/JULY 2026 OCCUPANCY RENDERING PHOTO/PHOTOS ARE A REPRENTATION BU...	4 beds \| 3 baths \| 1,857 sq.ft.	$295,000	Airbnb cash on cash: 4.49% Traditional cash on cash: 7.24% Airbnb Rental Income: $2313 Traditional Rental Income: $2503 Airbnb ROI: 4.49% Traditional ROI: 7.24%
18022 Harman Street Melvindale, MI BACK ON THE MARKET DUE TO BUYER FINANCING FALLING THROUGH! At no fault of the seller or ho...	2 beds \| 2 baths \| 1,161 sq.ft.	$199,900	Airbnb cash on cash: 2% Traditional cash on cash: 8.41% Airbnb Rental Income: $1198 Traditional Rental Income: $2025 Airbnb ROI: 2% Traditional ROI: 8.41%
17136 Harman Street Melvindale, MI Discover this inviting single-family residence that has been lovingly maintained by the lo...	3 beds \| 1 baths \| 904 sq.ft.	$145,000	Airbnb cash on cash: 3.11% Traditional cash on cash: 6.78% Airbnb Rental Income: $1246 Traditional Rental Income: $1360 Airbnb ROI: 3.11% Traditional ROI: 6.78%
17220 Hanna Street Melvindale, MI Charming and full of character, this 2-bedroom gem is a perfect fit for first-time buyers,...	2 beds \| 1 baths \| 725 sq.ft.	$120,000	Airbnb cash on cash: 3.77% Traditional cash on cash: 5.57% Airbnb Rental Income: $1198 Traditional Rental Income: $1018 Airbnb ROI: 3.77% Traditional ROI: 5.57%

Real Estate investment in Melvindale, MI

There are 29 properties for sale in the city of Melvindale . The median list price in Melvindale is $151,922 and the average price per square foot is $98. In June 2026, the average monthly cash on cash return in Melvindale is 6.00%. The average monthly rental income in Melvindale is $1,380.

Melvindale, MI Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 29 investment properties available for sale in Melvindale.

In 2026, the best neighborhood to buy investment property is Melvindale.

The ROI for Long-Term is higher than the Short-Term in Melvindale with average rental income of $1,380.

Your search for investment property begins and ends here

Investment Property for Sale in Melvindale, MI

17447 Prospect St

Melvindale, MI

3 beds | 1 baths | 1,172 sq.ft.

$149,900

Airbnb cash on cash: 1.5%

Traditional cash on cash: 6.44%

Airbnb Rental Income: $1246

Traditional Rental Income: $1557

Airbnb ROI: 1.5%

Traditional ROI: 6.44%

19940 Stanley St

Melvindale, MI

3 beds | 1 baths | 1,175 sq.ft.

$179,900

Airbnb cash on cash: 3.38%

Traditional cash on cash: 5.97%

Airbnb Rental Income: $1246

Traditional Rental Income: $1293

Airbnb ROI: 3.38%

Traditional ROI: 5.97%

18634 Wood St

Melvindale, MI

3 beds | 2 baths | 1,164 sq.ft.

$159,900

Airbnb cash on cash: 2.47%

Traditional cash on cash: 8.23%

Airbnb Rental Income: $1246

Traditional Rental Income: $1728

Airbnb ROI: 2.47%

Traditional ROI: 8.23%

18022 Henry St

Melvindale, MI

2 beds | 1 baths | 720 sq.ft.

$99,900

Airbnb cash on cash: 4.81%

Traditional cash on cash: 9.31%

Airbnb Rental Income: $1198

Traditional Rental Income: $1246

Airbnb ROI: 4.81%

Traditional ROI: 9.31%

19120 Dix Rd

Melvindale, MI

N/A beds | N/A baths | N/A

$149,999

Airbnb cash on cash: 0.12%

Traditional cash on cash: 1.38%

Airbnb Rental Income: $790

Traditional Rental Income: $650

Airbnb ROI: 0.12%

Traditional ROI: 1.38%

18948 Wall St

Melvindale, MI

2 beds | 1 baths | 1,043 sq.ft.

$124,900

Airbnb cash on cash: 3.45%

Traditional cash on cash: 5.75%

Airbnb Rental Income: $1198

Traditional Rental Income: $1085

Airbnb ROI: 3.45%

Traditional ROI: 5.75%

001 Prospect St

Melvindale, MI

N/A beds | N/A baths | N/A

$65,000

Airbnb cash on cash: 3.34%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $790

Traditional Rental Income: $617

Airbnb ROI: 3.34%

Traditional ROI: 5.61%

0002 Prospect

Melvindale, MI

N/A beds | N/A baths | N/A

$65,000

Airbnb cash on cash: 3.34%

Traditional cash on cash: 5.46%

Airbnb Rental Income: $790

Traditional Rental Income: $607

Airbnb ROI: 3.34%