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
17450 Wood Street Melvindale, MI Cute 3 Br bungalow! 1 bath, Nice kitchen, Partially finished bsmt, central air, 2 car gara...	3 beds \| 1 baths \| 1,550 sq.ft.	$140,000	Airbnb cash on cash: 5.7% Traditional cash on cash: 8.42% Airbnb Rental Income: $1535 Traditional Rental Income: $1456 Airbnb ROI: 5.7% Traditional ROI: 8.42%
19263 Roger Street Melvindale, MI MOVE-IN READY! COMFORTABLE 3 BEDROOM 1 BATH HOME GREAT FOR A STARTER OR ANYONE DOWNSIZING....	3 beds \| 1 baths \| 1,008 sq.ft.	$154,900	Airbnb cash on cash: 4.46% Traditional cash on cash: 7.55% Airbnb Rental Income: $1535 Traditional Rental Income: $1548 Airbnb ROI: 4.46% Traditional ROI: 7.55%
17951 Prospect Street Melvindale, MI 3 unit fully leased out with all leases come up in February and all want to stay. All ren...	5 beds \| 3 baths \| 3,636 sq.ft.	$284,900	Airbnb cash on cash: N/A Traditional cash on cash: 5.95% Airbnb Rental Income: $null Traditional Rental Income: $2404 Airbnb ROI: N/A Traditional ROI: 5.95%
17169 Harman Street Melvindale, MI NEW CONSTRUCTION SPRING 2026 OCCUPANCY HOME TO BE TORN DOWN**RENDERING PHOTO/PHOTOS AR...	4 beds \| 3 baths \| 1,857 sq.ft.	$312,999	Airbnb cash on cash: -1.18% Traditional cash on cash: 7.87% Airbnb Rental Income: $480 Traditional Rental Income: $2877 Airbnb ROI: -1.18% Traditional ROI: 7.87%
17506 Reed Street Melvindale, MI FULL BATH CAN BE ADDED FOR $8,999 2 other floor plans available to purchase on this lo...	3 beds \| 2 baths \| 1,495 sq.ft.	$267,999	Airbnb cash on cash: 2.51% Traditional cash on cash: 7.77% Airbnb Rental Income: $1535 Traditional Rental Income: $2420 Airbnb ROI: 2.51% Traditional ROI: 7.77%
19643 Harman Street Melvindale, MI FULL BATH CAN BE ADDED FOR $8,999 2 other floor plans available to purchase **NEW CONS...	3 beds \| 2 baths \| 1,650 sq.ft.	$287,999	Airbnb cash on cash: 2.23% Traditional cash on cash: 7.44% Airbnb Rental Income: $1535 Traditional Rental Income: $2503 Airbnb ROI: 2.23% Traditional ROI: 7.44%
2527 Corbin Street Melvindale, MI Welcome to this, move in ready, 2 bed ,1 bath ranch. Enjoy the new carpet and fresh paint...	2 beds \| 1 baths \| 754 sq.ft.	$129,900	Airbnb cash on cash: 1.05% Traditional cash on cash: 6.15% Airbnb Rental Income: $1125 Traditional Rental Income: $1385 Airbnb ROI: 1.05% Traditional ROI: 6.15%
2790 Blanche Street Melvindale, MI This charming well-maintained 3-bedroom ranch offers comfortable one floor living with tho...	3 beds \| 2 baths \| 900 sq.ft.	$230,000	Airbnb cash on cash: 2.77% Traditional cash on cash: 5.95% Airbnb Rental Income: $1535 Traditional Rental Income: $1783 Airbnb ROI: 2.77% Traditional ROI: 5.95%
3603 Harlow Avenue Melvindale, MI This solid brick ranch offers comfort, space, and privacy on a quiet dead-end street. Fea...	3 beds \| 2 baths \| 1,092 sq.ft.	$199,900	Airbnb cash on cash: 3.14% Traditional cash on cash: 7.23% Airbnb Rental Income: $1535 Traditional Rental Income: $1865 Airbnb ROI: 3.14% Traditional ROI: 7.23%
17124 Palmer Street Melvindale, MI This home has great bones and just needs a little love to be back to her full glory! Move ...	2 beds \| 1 baths \| 900 sq.ft.	$125,000	Airbnb cash on cash: 3.27% Traditional cash on cash: 8.9% Airbnb Rental Income: $1125 Traditional Rental Income: $1427 Airbnb ROI: 3.27% Traditional ROI: 8.9%

Real Estate investment in Melvindale, MI

There are 14 properties for sale in the city of Melvindale . The median list price in Melvindale is $164,900 and the average price per square foot is $131. In September 2025, the average monthly cash on cash return in Melvindale is 7.00%. The average monthly rental income in Melvindale is $1,592.

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

There are 14 investment properties available for sale in Melvindale.

In 2025, 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 $1,592.

Your search for investment property begins and ends here

Investment Property for Sale in Melvindale, MI

17450 Wood Street

Melvindale, MI

3 beds | 1 baths | 1,550 sq.ft.

$140,000

Airbnb cash on cash: 5.7%

Traditional cash on cash: 8.42%

Airbnb Rental Income: $1535

Traditional Rental Income: $1456

Airbnb ROI: 5.7%

Traditional ROI: 8.42%

19263 Roger Street

Melvindale, MI

3 beds | 1 baths | 1,008 sq.ft.

$154,900

Airbnb cash on cash: 4.46%

Traditional cash on cash: 7.55%

Airbnb Rental Income: $1535

Traditional Rental Income: $1548

Airbnb ROI: 4.46%

Traditional ROI: 7.55%

17951 Prospect Street

Melvindale, MI

5 beds | 3 baths | 3,636 sq.ft.

$284,900

Airbnb cash on cash: N/A

Traditional cash on cash: 5.95%

Airbnb Rental Income: $null

Traditional Rental Income: $2404

Airbnb ROI: N/A

Traditional ROI: 5.95%

17169 Harman Street

Melvindale, MI

4 beds | 3 baths | 1,857 sq.ft.

$312,999

Airbnb cash on cash: -1.18%

Traditional cash on cash: 7.87%

Airbnb Rental Income: $480

Traditional Rental Income: $2877

Airbnb ROI: -1.18%

Traditional ROI: 7.87%

17506 Reed Street

Melvindale, MI

3 beds | 2 baths | 1,495 sq.ft.

$267,999

Airbnb cash on cash: 2.51%

Traditional cash on cash: 7.77%

Airbnb Rental Income: $1535

Traditional Rental Income: $2420

Airbnb ROI: 2.51%

Traditional ROI: 7.77%

19643 Harman Street

Melvindale, MI

3 beds | 2 baths | 1,650 sq.ft.

$287,999

Airbnb cash on cash: 2.23%

Traditional cash on cash: 7.44%

Airbnb Rental Income: $1535

Traditional Rental Income: $2503

Airbnb ROI: 2.23%

Traditional ROI: 7.44%

2527 Corbin Street

Melvindale, MI

2 beds | 1 baths | 754 sq.ft.

$129,900

Airbnb cash on cash: 1.05%

Traditional cash on cash: 6.15%

Airbnb Rental Income: $1125

Traditional Rental Income: $1385

Airbnb ROI: 1.05%

Traditional ROI: 6.15%

2790 Blanche Street

Melvindale, MI

3 beds | 2 baths | 900 sq.ft.

$230,000

Airbnb cash on cash: 2.77%

Traditional cash on cash: 5.95%

Airbnb Rental Income: $1535

Traditional Rental Income: $1783

Airbnb ROI: 2.77%