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
2538 NORMAN St Melvindale, MI Great Starter Home or Investment! Cozy 2 Bedroom Ranch...Freshly Painted...Move-In Ready.....	2 beds \| 1 baths \| 733 sq.ft.	$95,000	Airbnb cash on cash: 6.58% Traditional cash on cash: 9.33% Airbnb Rental Income: $1331 Traditional Rental Income: $1175 Airbnb ROI: 6.58% Traditional ROI: 9.33%
19143 Roger St Melvindale, MI Lovely home very clean and ready to move in. Home is situated at the end of a dead-end str...	2 beds \| 1 baths \| 710 sq.ft.	$119,900	Airbnb cash on cash: 4.57% Traditional cash on cash: 7.23% Airbnb Rental Income: $1331 Traditional Rental Income: $1228 Airbnb ROI: 4.57% Traditional ROI: 7.23%
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.	$145,000	Airbnb cash on cash: 2.44% Traditional cash on cash: 6.68% Airbnb Rental Income: $1388 Traditional Rental Income: $1557 Airbnb ROI: 2.44% Traditional ROI: 6.68%
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: 4.07% Traditional cash on cash: 5.97% Airbnb Rental Income: $1388 Traditional Rental Income: $1293 Airbnb ROI: 4.07% Traditional ROI: 5.97%
2765 David St Melvindale, MI Great Investment Property or First Time Home Buyers. Cement Driveway to garage done approx...	2 beds \| 1 baths \| 725 sq.ft.	$123,900	Airbnb cash on cash: 4.3% Traditional cash on cash: 6.22% Airbnb Rental Income: $1331 Traditional Rental Income: $1150 Airbnb ROI: 4.3% Traditional ROI: 6.22%
17134 Robert St Melvindale, MI MULTIPLE OFFERS RECEIVED! HIGHEST AND BEST DUE BY 3:00PM SUNDAY, 11/12 *INVESTOR SPECI...	2 beds \| 1 baths \| 744 sq.ft.	$149,000	Airbnb cash on cash: 3.08% Traditional cash on cash: 5.34% Airbnb Rental Income: $1331 Traditional Rental Income: $1243 Airbnb ROI: 3.08% Traditional ROI: 5.34%
2735 David St Melvindale, MI Welcome to 2735 David St, a cozy 2-bedroom, 1-bathroom home full of character! Built in 19...	2 beds \| 1 baths \| 725 sq.ft.	$139,900	Airbnb cash on cash: 3.84% Traditional cash on cash: 6.54% Airbnb Rental Income: $1331 Traditional Rental Income: $1283 Airbnb ROI: 3.84% Traditional ROI: 6.54%
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: 0.84% Traditional cash on cash: 1.38% Airbnb Rental Income: $915 Traditional Rental Income: $650 Airbnb ROI: 0.84% Traditional ROI: 1.38%
17182 Henry St Melvindale, MI Welcome to this well-maintained vinyl-sided bungalow, available for the first time! Inside...	3 beds \| 1 baths \| 1,050 sq.ft.	$179,900	Airbnb cash on cash: 2.95% Traditional cash on cash: 6.04% Airbnb Rental Income: $1388 Traditional Rental Income: $1497 Airbnb ROI: 2.95% Traditional ROI: 6.04%
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: 4.38% Traditional cash on cash: 5.75% Airbnb Rental Income: $1331 Traditional Rental Income: $1085 Airbnb ROI: 4.38% Traditional ROI: 5.75%
18022 Harman St Melvindale, MI Certificate of Occupancy in hand and provided by seller. Welcome to this bungalow on one o...	2 beds \| 2 baths \| 1,161 sq.ft.	$189,900	Airbnb cash on cash: 2.77% Traditional cash on cash: 8.89% Airbnb Rental Income: $1331 Traditional Rental Income: $2025 Airbnb ROI: 2.77% Traditional ROI: 8.89%
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: 4.94% Traditional cash on cash: 5.61% Airbnb Rental Income: $915 Traditional Rental Income: $617 Airbnb ROI: 4.94% 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: 4.94% Traditional cash on cash: 5.46% Airbnb Rental Income: $915 Traditional Rental Income: $607 Airbnb ROI: 4.94% 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.	$93,900	Airbnb cash on cash: -1.57% Traditional cash on cash: 3.9% Airbnb Rental Income: $441 Traditional Rental Income: $679 Airbnb ROI: -1.57% Traditional ROI: 3.9%
17751 Ruth St Melvindale, MI 17751 Ruth St, Melvindale, MI 48122 \| Single Family Residential	4 beds \| 2 baths \| 1,240 sq.ft.	$259,900	Airbnb cash on cash: 5.27% Traditional cash on cash: 6.12% Airbnb Rental Income: $2632 Traditional Rental Income: $2213 Airbnb ROI: 5.27% Traditional ROI: 6.12%
19621 Wood St Melvindale, MI 19621 Wood St, Melvindale, MI 48122 \| Single Family Residential	8 beds \| 3 baths \| 8,261 sq.ft.	$490,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.1% Airbnb Rental Income: $null Traditional Rental Income: $2673 Airbnb ROI: N/A Traditional ROI: 3.1%
17136 Harman St Melvindale, MI Discover this inviting single-family residence that has been lovingly maintained by the lo...	3 beds \| 1 baths \| 1,584 sq.ft.	$145,000	Airbnb cash on cash: 3.96% Traditional cash on cash: 6.78% Airbnb Rental Income: $1388 Traditional Rental Income: $1360 Airbnb ROI: 3.96% Traditional ROI: 6.78%
24362 Outer Dr Melvindale, MI 24362 Outer Dr, Melvindale, MI 48122 \| Single Family Residential	4 beds \| 3 baths \| 2,202 sq.ft.	$350,000	Airbnb cash on cash: 3.29% Traditional cash on cash: 5.3% Airbnb Rental Income: $2632 Traditional Rental Income: $2664 Airbnb ROI: 3.29% Traditional ROI: 5.3%
17358 Clarann St Melvindale, MI 17358 Clarann St, Melvindale, MI 48122 \| Single Family Residential	6 beds \| 3 baths \| 1,010 sq.ft.	$249,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.07% Airbnb Rental Income: $null Traditional Rental Income: $1879 Airbnb ROI: N/A Traditional ROI: 5.07%
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: 1.86% Traditional cash on cash: 3.38% Airbnb Rental Income: $1388 Traditional Rental Income: $1325 Airbnb ROI: 1.86% Traditional ROI: 3.38%
2539 Margaret St Melvindale, MI Welcome to this charming 3-bedroom, 1-bath home offering comfort, character, and plenty of...	3 beds \| 1 baths \| 900 sq.ft.	$138,900	Airbnb cash on cash: 4.37% Traditional cash on cash: 6.1% Airbnb Rental Income: $1388 Traditional Rental Income: $1198 Airbnb ROI: 4.37% Traditional ROI: 6.1%
18260 Harman St Melvindale, MI Welcome home to this turnkey 3-bedroom, 2-full-bath gem where every box is checked! Step i...	3 beds \| 2 baths \| 830 sq.ft.	$189,900	Airbnb cash on cash: 2.89% Traditional cash on cash: 5.36% Airbnb Rental Income: $1388 Traditional Rental Income: $1413 Airbnb ROI: 2.89% Traditional ROI: 5.36%
17475 Prospect St Melvindale, MI 17475 Prospect St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 1,137 sq.ft.	$145,999	Airbnb cash on cash: 3.75% Traditional cash on cash: 6.13% Airbnb Rental Income: $1388 Traditional Rental Income: $1301 Airbnb ROI: 3.75% Traditional ROI: 6.13%
3526 McKitrick St Melvindale, MI 3526 Mckitrick St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 2 baths \| 1,007 sq.ft.	$224,900	Airbnb cash on cash: 1.59% Traditional cash on cash: 6.85% Airbnb Rental Income: $1388 Traditional Rental Income: $2088 Airbnb ROI: 1.59% Traditional ROI: 6.85%
17501 Clarann St Melvindale, MI 17501 Clarann St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 1,404 sq.ft.	$299,000	Airbnb cash on cash: 0.58% Traditional cash on cash: 2.23% Airbnb Rental Income: $1388 Traditional Rental Income: $1432 Airbnb ROI: 0.58% Traditional ROI: 2.23%
17419 Prospect St Melvindale, MI 17419 Prospect St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 902 sq.ft.	$160,000	Airbnb cash on cash: 3.22% Traditional cash on cash: 4.99% Airbnb Rental Income: $1388 Traditional Rental Income: $1238 Airbnb ROI: 3.22% Traditional ROI: 4.99%
17732 Harman St Melvindale, MI 17732 Harman St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 1,000 sq.ft.	$174,900	Airbnb cash on cash: 2.74% Traditional cash on cash: 4.35% Airbnb Rental Income: $1388 Traditional Rental Income: $1236 Airbnb ROI: 2.74% Traditional ROI: 4.35%
18240 Harman St Melvindale, MI 18240 Harman St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 1,204 sq.ft.	$200,000	Airbnb cash on cash: 2.09% Traditional cash on cash: 4.29% Airbnb Rental Income: $1388 Traditional Rental Income: $1386 Airbnb ROI: 2.09% Traditional ROI: 4.29%
18022 Henry Street 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: 5.95% Traditional cash on cash: 9.31% Airbnb Rental Income: $1331 Traditional Rental Income: $1246 Airbnb ROI: 5.95% Traditional ROI: 9.31%
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: 5.26% Traditional cash on cash: 8.4% Airbnb Rental Income: $2632 Traditional Rental Income: $2877 Airbnb ROI: 5.26% 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: 2.24% Traditional cash on cash: 8.39% Airbnb Rental Income: $1388 Traditional Rental Income: $2420 Airbnb ROI: 2.24% 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: 5.45% Traditional cash on cash: 7.24% Airbnb Rental Income: $2632 Traditional Rental Income: $2503 Airbnb ROI: 5.45% Traditional ROI: 7.24%
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: 2.01% Traditional cash on cash: 7.24% Airbnb Rental Income: $1388 Traditional Rental Income: $2033 Airbnb ROI: 2.01% Traditional ROI: 7.24%
18039 Wood Street Melvindale, MI 3-bedroom, 1-bath bungalow located in the heart of Melvindale and full of potential. Owned...	3 beds \| 1 baths \| 902 sq.ft.	$128,900	Airbnb cash on cash: 4.6% Traditional cash on cash: 7.92% Airbnb Rental Income: $1388 Traditional Rental Income: $1380 Airbnb ROI: 4.6% Traditional ROI: 7.92%
4321 S Dearborn Street Melvindale, MI Welcome home to this charming cottage-style gem with a warm, quaint feel and plenty of cha...	2 beds \| 1 baths \| 696 sq.ft.	$99,900	Airbnb cash on cash: 6.37% Traditional cash on cash: 8.63% Airbnb Rental Income: $1331 Traditional Rental Income: $1140 Airbnb ROI: 6.37% Traditional ROI: 8.63%

Real Estate investment in Melvindale, MI

There are 36 properties for sale in the city of Melvindale . The median list price in Melvindale is $157,406 and the average price per square foot is $119. In August 2026, the average monthly cash on cash return in Melvindale is 6.00%. The average monthly rental income in Melvindale is $1,301.

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

There are 36 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 $1,301.

Your search for investment property begins and ends here

Investment Property for Sale in Melvindale, MI

2538 NORMAN St

Melvindale, MI

2 beds | 1 baths | 733 sq.ft.

$95,000

Airbnb cash on cash: 6.58%

Traditional cash on cash: 9.33%

Airbnb Rental Income: $1331

Traditional Rental Income: $1175

Airbnb ROI: 6.58%

Traditional ROI: 9.33%

19143 Roger St

Melvindale, MI

2 beds | 1 baths | 710 sq.ft.

$119,900

Airbnb cash on cash: 4.57%

Traditional cash on cash: 7.23%

Airbnb Rental Income: $1331

Traditional Rental Income: $1228

Airbnb ROI: 4.57%

Traditional ROI: 7.23%

17447 Prospect St

Melvindale, MI

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

$145,000

Airbnb cash on cash: 2.44%

Traditional cash on cash: 6.68%

Airbnb Rental Income: $1388

Traditional Rental Income: $1557

Airbnb ROI: 2.44%

Traditional ROI: 6.68%

19940 Stanley St

Melvindale, MI

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

$179,900

Airbnb cash on cash: 4.07%

Traditional cash on cash: 5.97%

Airbnb Rental Income: $1388

Traditional Rental Income: $1293

Airbnb ROI: 4.07%

Traditional ROI: 5.97%

2765 David St

Melvindale, MI

2 beds | 1 baths | 725 sq.ft.

$123,900

Airbnb cash on cash: 4.3%

Traditional cash on cash: 6.22%

Airbnb Rental Income: $1331

Traditional Rental Income: $1150

Airbnb ROI: 4.3%

Traditional ROI: 6.22%

17134 Robert St

Melvindale, MI

2 beds | 1 baths | 744 sq.ft.

$149,000

Airbnb cash on cash: 3.08%

Traditional cash on cash: 5.34%

Airbnb Rental Income: $1331

Traditional Rental Income: $1243

Airbnb ROI: 3.08%

Traditional ROI: 5.34%

2735 David St

Melvindale, MI

2 beds | 1 baths | 725 sq.ft.

$139,900

Airbnb cash on cash: 3.84%

Traditional cash on cash: 6.54%

Airbnb Rental Income: $1331

Traditional Rental Income: $1283

Airbnb ROI: 3.84%

Traditional ROI: 6.54%

19120 DIX Rd

Melvindale, MI

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

$149,999

Airbnb cash on cash: 0.84%

Traditional cash on cash: 1.38%

Airbnb Rental Income: $915

Traditional Rental Income: $650

Airbnb ROI: 0.84%