Leonard, MI — Rental Investment Analysis

🔴POORnegative cash flow likely

Cap Rate

1.3%

Below average

Monthly Cash Flow

-$2,235

After all expenses

Price-to-Rent

27.1

Overpriced for rent

DSCR

0.21

Fails

📊 Key Metrics

Median Home Price
$530,661
Average Rent (3BR)
$1,635/mo
Price-to-Rent Ratio
27.1(high)
1% Rule
0.31%(fails — need 1%+)
Cash-on-Cash Return
-21.9%
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 Leonard for Investors

48367
Cap Rate: 1.6%Cash Flow: -$1,998/mo$500,899
48370
Cap Rate: 1.1%Cash Flow: -$2,473/mo$560,423

All Zip Codes in Leonard

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
483671.6%-$1,998$500,899$1,680/mo0.25
483701.1%-$2,473$560,423$1,590/mo0.17