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
18811 Hanna St Melvindale, MI Back on the Market! Buyer's financing fell through - Welcome to the beautiful 3 bedroom, ...	3 beds \| 1 baths \| 1,144 sq.ft.	$180,000	Airbnb cash on cash: -2.24% Traditional cash on cash: 2.45% Airbnb Rental Income: $869 Traditional Rental Income: $1339 Airbnb ROI: -2.24% Traditional ROI: 2.45%
18634 Wood St Melvindale, MI Welcome to this two family home with lots of space, located on a double lot. This home fe...	3 beds \| 2 baths \| 1,164 sq.ft.	$159,900	Airbnb cash on cash: 0.26% Traditional cash on cash: 7.23% Airbnb Rental Income: $869 Traditional Rental Income: $1728 Airbnb ROI: 0.26% Traditional ROI: 7.23%
17951 Prospect St Melvindale, MI Discover this fully leased 3-unit property in the heart of Melvindale, perfect for savvy i...	5 beds \| 3 baths \| 3,786 sq.ft.	$270,000	Airbnb cash on cash: 0.41% Traditional cash on cash: 5.96% Airbnb Rental Income: $1416 Traditional Rental Income: $2404 Airbnb ROI: 0.41% Traditional ROI: 5.96%
18254 Harman St Melvindale, MI Motivated buyer and priced to sell! This charming 3 bedroom home has a lot to offer, start...	3 beds \| 1 baths \| 785 sq.ft.	$124,900	Airbnb cash on cash: 1.3% Traditional cash on cash: 8.98% Airbnb Rental Income: $869 Traditional Rental Income: $1458 Airbnb ROI: 1.3% Traditional ROI: 8.98%
18875 Robert Street Melvindale, MI Every detail of this meticulously renovated ranch-style home has been thoughtfully designe...	3 beds \| 1 baths \| 860 sq.ft.	$135,000	Airbnb cash on cash: 1.28% Traditional cash on cash: 7.48% Airbnb Rental Income: $869 Traditional Rental Income: $1339 Airbnb ROI: 1.28% Traditional ROI: 7.48%
3352 Skyline Melvindale, MI Welcome home to this clean, move-in ready condo tucked away on a quiet street in Melvindal...	2 beds \| 3 baths \| 1,250 sq.ft.	$154,900	Airbnb cash on cash: -2.95% Traditional cash on cash: 5.89% Airbnb Rental Income: $614 Traditional Rental Income: $1632 Airbnb ROI: -2.95% Traditional ROI: 5.89%
19531 Wood Street Melvindale, MI OFFER DEADLINE IS SUNDAY, MARCH 29 AT 3:00 P.M. Welcome to this charming three or four be...	4 beds \| 1 baths \| 1,196 sq.ft.	$169,900	Airbnb cash on cash: 0.89% Traditional cash on cash: 8.91% Airbnb Rental Income: $981 Traditional Rental Income: $1927 Airbnb ROI: 0.89% Traditional ROI: 8.91%
17345 Hanna Street Melvindale, MI Nice looking ranch ,original owner who took great care of it. Home features 3 bedrooms and...	3 beds \| 2 baths \| 1,229 sq.ft.	$195,000	Airbnb cash on cash: 0.47% Traditional cash on cash: 7.72% Airbnb Rental Income: $869 Traditional Rental Income: $1877 Airbnb ROI: 0.47% Traditional ROI: 7.72%
19504 Roger Street Melvindale, MI Tenant occupied home in Melvindale! This home gives you a bungalow style lay-out with 3 be...	3 beds \| 1 baths \| 965 sq.ft.	$150,000	Airbnb cash on cash: 0.03% Traditional cash on cash: 5.96% Airbnb Rental Income: $869 Traditional Rental Income: $1387 Airbnb ROI: 0.03% Traditional ROI: 5.96%

Real Estate investment in Melvindale, MI

There are 19 properties for sale in the city of Melvindale . The median list price in Melvindale is $169,900 and the average price per square foot is $132. In April 2026, the average monthly cash on cash return in Melvindale is 7.00%. The average monthly rental income in Melvindale is $1,728.

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

There are 19 investment properties available for sale in Melvindale.

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

The ROI for Short-Term is higher than the Long-Term in Melvindale with average rental income of $869.

Your search for investment property begins and ends here

Investment Property for Sale in Melvindale, MI

18811 Hanna St

Melvindale, MI

3 beds | 1 baths | 1,144 sq.ft.

$180,000

Airbnb cash on cash: -2.24%

Traditional cash on cash: 2.45%

Airbnb Rental Income: $869

Traditional Rental Income: $1339

Airbnb ROI: -2.24%

Traditional ROI: 2.45%

18634 Wood St

Melvindale, MI

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

$159,900

Airbnb cash on cash: 0.26%

Traditional cash on cash: 7.23%

Airbnb Rental Income: $869

Traditional Rental Income: $1728

Airbnb ROI: 0.26%

Traditional ROI: 7.23%

17951 Prospect St

Melvindale, MI

5 beds | 3 baths | 3,786 sq.ft.

$270,000

Airbnb cash on cash: 0.41%

Traditional cash on cash: 5.96%

Airbnb Rental Income: $1416

Traditional Rental Income: $2404

Airbnb ROI: 0.41%

Traditional ROI: 5.96%

18254 Harman St

Melvindale, MI

3 beds | 1 baths | 785 sq.ft.

$124,900

Airbnb cash on cash: 1.3%

Traditional cash on cash: 8.98%

Airbnb Rental Income: $869

Traditional Rental Income: $1458

Airbnb ROI: 1.3%

Traditional ROI: 8.98%

18875 Robert Street

Melvindale, MI

3 beds | 1 baths | 860 sq.ft.

$135,000

Airbnb cash on cash: 1.28%

Traditional cash on cash: 7.48%

Airbnb Rental Income: $869

Traditional Rental Income: $1339

Airbnb ROI: 1.28%

Traditional ROI: 7.48%

3352 Skyline

Melvindale, MI

2 beds | 3 baths | 1,250 sq.ft.

$154,900

Airbnb cash on cash: -2.95%

Traditional cash on cash: 5.89%

Airbnb Rental Income: $614

Traditional Rental Income: $1632

Airbnb ROI: -2.95%

Traditional ROI: 5.89%

19531 Wood Street

Melvindale, MI

4 beds | 1 baths | 1,196 sq.ft.

$169,900

Airbnb cash on cash: 0.89%

Traditional cash on cash: 8.91%

Airbnb Rental Income: $981

Traditional Rental Income: $1927

Airbnb ROI: 0.89%

Traditional ROI: 8.91%

17345 Hanna Street

Melvindale, MI

3 beds | 2 baths | 1,229 sq.ft.

$195,000

Airbnb cash on cash: 0.47%

Traditional cash on cash: 7.72%

Airbnb Rental Income: $869

Traditional Rental Income: $1877

Airbnb ROI: 0.47%