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
17614 Eddon St Melvindale, MI NEWLY RENOVATED, MOVE IN READY BUNGALOW...LOVELY 3 BEDROOMS , 1 BATH, CLOSE TO SHOPPING, ...	3 beds \| 1 baths \| 1,710 sq.ft.	$175,000	Airbnb cash on cash: 2.42% Traditional cash on cash: 5.5% Airbnb Rental Income: $1218 Traditional Rental Income: $1339 Airbnb ROI: 2.42% Traditional ROI: 5.5%
18634 WOOD Street 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: 2.32% Traditional cash on cash: 8.23% Airbnb Rental Income: $1218 Traditional Rental Income: $1728 Airbnb ROI: 2.32% Traditional ROI: 8.23%
17951 Prospect Street Melvindale, MI Discover this fully leased 3-unit property in the heart of Melvindale, perfect for savvy i...	5 beds \| 4 baths \| 2,850 sq.ft.	$270,000	Airbnb cash on cash: -0.94% Traditional cash on cash: 5.96% Airbnb Rental Income: $1004 Traditional Rental Income: $2404 Airbnb ROI: -0.94% Traditional ROI: 5.96%
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: -0.66% Traditional cash on cash: 1.38% Airbnb Rental Income: $657 Traditional Rental Income: $650 Airbnb ROI: -0.66% 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 \| 1,300 sq.ft.	$189,900	Airbnb cash on cash: 1.96% Traditional cash on cash: 5.68% Airbnb Rental Income: $1218 Traditional Rental Income: $1497 Airbnb ROI: 1.96% Traditional ROI: 5.68%
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: 1.85% Traditional cash on cash: 5.75% Airbnb Rental Income: $966 Traditional Rental Income: $1085 Airbnb ROI: 1.85% Traditional ROI: 5.75%
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: 0.98% Traditional cash on cash: 8.41% Airbnb Rental Income: $966 Traditional Rental Income: $2025 Airbnb ROI: 0.98% Traditional ROI: 8.41%
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: 1.63% Traditional cash on cash: 5.61% Airbnb Rental Income: $657 Traditional Rental Income: $617 Airbnb ROI: 1.63% 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: 1.63% Traditional cash on cash: 5.46% Airbnb Rental Income: $657 Traditional Rental Income: $607 Airbnb ROI: 1.63% 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.	$119,900	Airbnb cash on cash: -1.19% Traditional cash on cash: 2.56% Airbnb Rental Income: $521 Traditional Rental Income: $679 Airbnb ROI: -1.19% Traditional ROI: 2.56%
18051 Reed Street Melvindale, MI Step inside a home where the hard work has already been done so you can simply move in and...	3 beds \| 3 baths \| 1,150 sq.ft.	$220,000	Airbnb cash on cash: 1.26% Traditional cash on cash: 7.06% Airbnb Rental Income: $1218 Traditional Rental Income: $2033 Airbnb ROI: 1.26% Traditional ROI: 7.06%
17405 Palmer Street Melvindale, MI Welcome to this well-maintained 3-bedroom, 1-bath home that's truly ready for you to move ...	3 beds \| 1 baths \| 1,010 sq.ft.	$179,900	Airbnb cash on cash: 2.18% Traditional cash on cash: 5.42% Airbnb Rental Income: $1218 Traditional Rental Income: $1380 Airbnb ROI: 2.18% Traditional ROI: 5.42%
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.	$134,900	Airbnb cash on cash: 3.27% Traditional cash on cash: 7.54% Airbnb Rental Income: $1218 Traditional Rental Income: $1380 Airbnb ROI: 3.27% Traditional ROI: 7.54%
18800 Wall St Melvindale, MI 18800 Wall St, Melvindale, MI 48122 \| Single Family Residential	2 beds \| 1 baths \| 1,224 sq.ft.	$149,900	Airbnb cash on cash: 1.14% Traditional cash on cash: 4.59% Airbnb Rental Income: $966 Traditional Rental Income: $1111 Airbnb ROI: 1.14% Traditional ROI: 4.59%
18923 Hanna St Melvindale, MI 18923 Hanna St, Melvindale, MI 48122 \| Single Family Residential	4 beds \| 2 baths \| 1,536 sq.ft.	$189,900	Airbnb cash on cash: 6.66% Traditional cash on cash: 7.65% Airbnb Rental Income: $2325 Traditional Rental Income: $1927 Airbnb ROI: 6.66% Traditional ROI: 7.65%
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: -1.68% Traditional cash on cash: N/A Airbnb Rental Income: $1004 Traditional Rental Income: $0 Airbnb ROI: -1.68% Traditional ROI: N/A
17215 Robert St Melvindale, MI 17215 Robert St, Melvindale, MI 48122 \| Single Family Residential	2 beds \| 1 baths \| 736 sq.ft.	$139,900	Airbnb cash on cash: 1.39% Traditional cash on cash: 8.78% Airbnb Rental Income: $966 Traditional Rental Income: $1608 Airbnb ROI: 1.39% Traditional ROI: 8.78%
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: 4.34% Traditional cash on cash: 8.4% Airbnb Rental Income: $2325 Traditional Rental Income: $2877 Airbnb ROI: 4.34% 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: 1.64% Traditional cash on cash: 8.39% Airbnb Rental Income: $1218 Traditional Rental Income: $2420 Airbnb ROI: 1.64% 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: 4.53% Traditional cash on cash: 7.24% Airbnb Rental Income: $2325 Traditional Rental Income: $2503 Airbnb ROI: 4.53% Traditional ROI: 7.24%
17389 Eddon Street Melvindale, MI Don't miss this opportunity to own a well-maintained 3-bedroom, 1.5 bath home in Melvindal...	3 beds \| 2 baths \| 711 sq.ft.	$189,000	Airbnb cash on cash: 2.16% Traditional cash on cash: 5.02% Airbnb Rental Income: $1218 Traditional Rental Income: $1340 Airbnb ROI: 2.16% Traditional ROI: 5.02%

Real Estate investment in Melvindale, MI

There are 23 properties for sale in the city of Melvindale . The median list price in Melvindale is $167,450 and the average price per square foot is $106. In May 2026, the average monthly cash on cash return in Melvindale is 7.00%. The average monthly rental income in Melvindale is $1,380.

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

There are 23 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

17614 Eddon St

Melvindale, MI

3 beds | 1 baths | 1,710 sq.ft.

$175,000

Airbnb cash on cash: 2.42%

Traditional cash on cash: 5.5%

Airbnb Rental Income: $1218

Traditional Rental Income: $1339

Airbnb ROI: 2.42%

Traditional ROI: 5.5%

18634 WOOD Street

Melvindale, MI

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

$159,900

Airbnb cash on cash: 2.32%

Traditional cash on cash: 8.23%

Airbnb Rental Income: $1218

Traditional Rental Income: $1728

Airbnb ROI: 2.32%

Traditional ROI: 8.23%

17951 Prospect Street

Melvindale, MI

5 beds | 4 baths | 2,850 sq.ft.

$270,000

Airbnb cash on cash: -0.94%

Traditional cash on cash: 5.96%

Airbnb Rental Income: $1004

Traditional Rental Income: $2404

Airbnb ROI: -0.94%

Traditional ROI: 5.96%

19120 Dix Rd

Melvindale, MI

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

$149,999

Airbnb cash on cash: -0.66%

Traditional cash on cash: 1.38%

Airbnb Rental Income: $657

Traditional Rental Income: $650

Airbnb ROI: -0.66%

Traditional ROI: 1.38%

17182 Henry St

Melvindale, MI

3 beds | 1 baths | 1,300 sq.ft.

$189,900

Airbnb cash on cash: 1.96%

Traditional cash on cash: 5.68%

Airbnb Rental Income: $1218

Traditional Rental Income: $1497

Airbnb ROI: 1.96%

Traditional ROI: 5.68%

18948 Wall St

Melvindale, MI

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

$124,900

Airbnb cash on cash: 1.85%

Traditional cash on cash: 5.75%

Airbnb Rental Income: $966

Traditional Rental Income: $1085

Airbnb ROI: 1.85%

Traditional ROI: 5.75%

18022 Harman Street

Melvindale, MI

2 beds | 2 baths | 1,161 sq.ft.

$199,900

Airbnb cash on cash: 0.98%

Traditional cash on cash: 8.41%

Airbnb Rental Income: $966

Traditional Rental Income: $2025

Airbnb ROI: 0.98%

Traditional ROI: 8.41%

001 Prospect St

Melvindale, MI

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

$65,000

Airbnb cash on cash: 1.63%

Traditional cash on cash: 5.61%

Airbnb Rental Income: $657

Traditional Rental Income: $617

Airbnb ROI: 1.63%