Howell, MI — Rental Investment Analysis

🔴WEAKappreciation play only

Cap Rate

3.5%

Below average

Monthly Cash Flow

-$933

After all expenses

Price-to-Rent

16.0

Overpriced for rent

DSCR

0.54

Fails

📊 Key Metrics

Median Home Price
$381,812
Average Rent (3BR)
$2,000/mo
Price-to-Rent Ratio
16.0(high)
1% Rule
0.52%(fails — need 1%+)
Cash-on-Cash Return
-12.7%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Howell for Investors

48855
Cap Rate: 3.8%Cash Flow: -$829/mo$379,746
48843
Cap Rate: 3.1%Cash Flow: -$1,037/mo$383,878

All Zip Codes in Howell

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
488553.8%-$829$379,746$2,110/mo0.59
488433.1%-$1,037$383,878$1,890/mo0.49