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: 2.63% Traditional cash on cash: 8.42% Airbnb Rental Income: $1041 Traditional Rental Income: $1456 Airbnb ROI: 2.63% Traditional ROI: 8.42%
18530 Ruth Street Melvindale, MI Located at 18530 Ruth ST, Melvindale, MI, this 3 bedroom, 2 bath, single-family residence ...	3 beds \| 2 baths \| 1,112 sq.ft.	$289,000	Airbnb cash on cash: -1.51% Traditional cash on cash: 4.67% Airbnb Rental Income: $1041 Traditional Rental Income: $2361 Airbnb ROI: -1.51% Traditional ROI: 4.67%
17951 Prospect Street Melvindale, MI 3 unit fully leased out . Excellent location. New Boiler and Hot Water Heater. LOTS INCLUD...	N/A beds \| 6 baths \| 2,850 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%
18648 Robert Street Melvindale, MI *WELCOME*Discover the perfect blend of modern comfort and classic charm at 18648 Rober...	2 beds \| 1 baths \| 914 sq.ft.	$169,900	Airbnb cash on cash: -1.93% Traditional cash on cash: 4.46% Airbnb Rental Income: $675 Traditional Rental Income: $1409 Airbnb ROI: -1.93% Traditional ROI: 4.46%
2790 Blanche Street Melvindale, MI This charming, well-maintained 3-bedroom ranch offers comfortable one-floor living with th...	3 beds \| 2 baths \| 900 sq.ft.	$204,999	Airbnb cash on cash: 1.1% Traditional cash on cash: 6.78% Airbnb Rental Income: $1041 Traditional Rental Income: $1783 Airbnb ROI: 1.1% Traditional ROI: 6.78%
18254 Harman Street 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: 2.5% Traditional cash on cash: 8.98% Airbnb Rental Income: $1041 Traditional Rental Income: $1458 Airbnb ROI: 2.5% Traditional ROI: 8.98%
19059 Wood St Melvindale, MI 19059 Wood St, Melvindale, MI 48122 \| Single Family Residential	2 beds \| 1 baths \| 580 sq.ft.	$155,900	Airbnb cash on cash: -0.63% Traditional cash on cash: 2.58% Airbnb Rental Income: $675 Traditional Rental Income: $851 Airbnb ROI: -0.63% Traditional ROI: 2.58%
17764 Harman St Melvindale, MI 17764 Harman St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 1,740 sq.ft.	$159,900	Airbnb cash on cash: 1.33% Traditional cash on cash: 5.8% Airbnb Rental Income: $1041 Traditional Rental Income: $1362 Airbnb ROI: 1.33% Traditional ROI: 5.8%
18623 Wood Street St Melvindale, MI 18623 Wood Street St, Melvindale, MI 48122 \| Other	N/A beds \| N/A baths \| N/A	$39,500	Airbnb cash on cash: N/A Traditional cash on cash: 10.19% Airbnb Rental Income: $null Traditional Rental Income: $614 Airbnb ROI: N/A Traditional ROI: 10.19%
0002 Prospect St Melvindale, MI 0002 Prospect St, Melvindale, MI 48122 \| Other	N/A beds \| N/A baths \| N/A	$74,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 4.95%
0001 Prospect St Melvindale, MI 0001 Prospect St, Melvindale, MI 48122 \| Other	N/A beds \| N/A baths \| N/A	$74,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.95% Airbnb Rental Income: $null Traditional Rental Income: $643 Airbnb ROI: N/A Traditional ROI: 4.95%
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: N/A Traditional cash on cash: 1.38% Airbnb Rental Income: $null Traditional Rental Income: $650 Airbnb ROI: N/A Traditional ROI: 1.38%
18295 Henry Street Melvindale, MI Step into this charming and beautifully updated bungalow that perfectly blends classic cha...	3 beds \| 1 baths \| 1,106 sq.ft.	$165,000	Airbnb cash on cash: 1.78% Traditional cash on cash: 7.22% Airbnb Rental Income: $1041 Traditional Rental Income: $1535 Airbnb ROI: 1.78% Traditional ROI: 7.22%
17632 Henry Street Melvindale, MI Welcome to this beautifully updated home nestled in a quiet neighborhood. This inviting pr...	3 beds \| 1 baths \| 950 sq.ft.	$169,000	Airbnb cash on cash: 1.44% Traditional cash on cash: 4.85% Airbnb Rental Income: $1041 Traditional Rental Income: $1228 Airbnb ROI: 1.44% Traditional ROI: 4.85%
4020 Wall Ave Melvindale, MI 4020 Wall Ave, Melvindale, MI 48101 \| Single Family Residential	4 beds \| 2 baths \| 2,700 sq.ft.	$329,900	Airbnb cash on cash: -0.81% Traditional cash on cash: 4.54% Airbnb Rental Income: $974 Traditional Rental Income: $2284 Airbnb ROI: -0.81% Traditional ROI: 4.54%
18028 Ruth St Melvindale, MI 18028 Ruth St, Melvindale, MI 48122 \| Single Family Residential	3 beds \| 1 baths \| 1,364 sq.ft.	$177,500	Airbnb cash on cash: 0.95% Traditional cash on cash: 4.91% Airbnb Rental Income: $1041 Traditional Rental Income: $1348 Airbnb ROI: 0.95% Traditional ROI: 4.91%
17579 Park Street Melvindale, MI Your Perfect Brick Home Awaits! Beautiful 3-bedroom, 2-bath home featuring a bright open k...	3 beds \| 2 baths \| 1,030 sq.ft.	$230,000	Airbnb cash on cash: -0.11% Traditional cash on cash: 4.79% Airbnb Rental Income: $1041 Traditional Rental Income: $1744 Airbnb ROI: -0.11% Traditional ROI: 4.79%
18859 Robert Street Melvindale, MI Don't miss this opportunity to own this beautiful turn-key ranch! Enjoy a completely renov...	2 beds \| 1 baths \| 750 sq.ft.	$149,900	Airbnb cash on cash: -0.98% Traditional cash on cash: 5.92% Airbnb Rental Income: $675 Traditional Rental Income: $1364 Airbnb ROI: -0.98% Traditional ROI: 5.92%
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.	$210,000	Airbnb cash on cash: 1.09% Traditional cash on cash: 7.11% Airbnb Rental Income: $1041 Traditional Rental Income: $1877 Airbnb ROI: 1.09% Traditional ROI: 7.11%
17964 Henry Street Melvindale, MI Perfect place to start or invest! This well-kept 3-bedroom home features a bright and comf...	3 beds \| 1 baths \| 924 sq.ft.	$125,000	Airbnb cash on cash: 2.31% Traditional cash on cash: 8.73% Airbnb Rental Income: $1041 Traditional Rental Income: $1451 Airbnb ROI: 2.31% Traditional ROI: 8.73%
17285 Wood Street Melvindale, MI Welcome home to this charming brick ranch in Melvindale, offering true move-in-ready conve...	2 beds \| 1 baths \| 776 sq.ft.	$125,000	Airbnb cash on cash: -1.8% Traditional cash on cash: 6.39% Airbnb Rental Income: $675 Traditional Rental Income: $1360 Airbnb ROI: -1.8% Traditional ROI: 6.39%
3525 Whitaker Drive #68 Melvindale, MI GREAT LOCATION AT NORTH POINTE TOWNHOMES IN MELVINDALE. 2 Bedrooms, 1.5 Bathrooms. 1376 S...	2 beds \| 2 baths \| 1,376 sq.ft.	$146,000	Airbnb cash on cash: -1.99% Traditional cash on cash: 10.36% Airbnb Rental Income: $675 Traditional Rental Income: $2100 Airbnb ROI: -1.99% Traditional ROI: 10.36%
18948 Wall St Melvindale, MI 18948 Wall St, Melvindale, MI 48122 \| Single Family Residential	2 beds \| 1 baths \| 1,043 sq.ft.	$127,000	Airbnb cash on cash: -0.21% Traditional cash on cash: 5.61% Airbnb Rental Income: $675 Traditional Rental Income: $1085 Airbnb ROI: -0.21% Traditional ROI: 5.61%

Real Estate investment in Melvindale, MI

There are 26 properties for sale in the city of Melvindale . The median list price in Melvindale is $149,999 and the average price per square foot is $121. In December 2025, the average monthly cash on cash return in Melvindale is 6.00%. The average monthly rental income in Melvindale is $1,451.

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

There are 26 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 $1,451.

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: 2.63%

Traditional cash on cash: 8.42%

Airbnb Rental Income: $1041

Traditional Rental Income: $1456

Airbnb ROI: 2.63%

Traditional ROI: 8.42%

18530 Ruth Street

Melvindale, MI

3 beds | 2 baths | 1,112 sq.ft.

$289,000

Airbnb cash on cash: -1.51%

Traditional cash on cash: 4.67%

Airbnb Rental Income: $1041

Traditional Rental Income: $2361

Airbnb ROI: -1.51%

Traditional ROI: 4.67%

17951 Prospect Street

Melvindale, MI

N/A beds | 6 baths | 2,850 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%

18648 Robert Street

Melvindale, MI

2 beds | 1 baths | 914 sq.ft.

$169,900

Airbnb cash on cash: -1.93%

Traditional cash on cash: 4.46%

Airbnb Rental Income: $675

Traditional Rental Income: $1409

Airbnb ROI: -1.93%

Traditional ROI: 4.46%

2790 Blanche Street

Melvindale, MI

3 beds | 2 baths | 900 sq.ft.

$204,999

Airbnb cash on cash: 1.1%

Traditional cash on cash: 6.78%

Airbnb Rental Income: $1041

Traditional Rental Income: $1783

Airbnb ROI: 1.1%

Traditional ROI: 6.78%

18254 Harman Street

Melvindale, MI

3 beds | 1 baths | 785 sq.ft.

$124,900

Airbnb cash on cash: 2.5%

Traditional cash on cash: 8.98%

Airbnb Rental Income: $1041

Traditional Rental Income: $1458

Airbnb ROI: 2.5%

Traditional ROI: 8.98%

19059 Wood St

Melvindale, MI

2 beds | 1 baths | 580 sq.ft.

$155,900

Airbnb cash on cash: -0.63%

Traditional cash on cash: 2.58%

Airbnb Rental Income: $675

Traditional Rental Income: $851

Airbnb ROI: -0.63%

Traditional ROI: 2.58%

17764 Harman St

Melvindale, MI

3 beds | 1 baths | 1,740 sq.ft.

$159,900

Airbnb cash on cash: 1.33%

Traditional cash on cash: 5.8%

Airbnb Rental Income: $1041

Traditional Rental Income: $1362

Airbnb ROI: 1.33%