Merrill, MI — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

4.3%

Below average

Monthly Cash Flow

-$349

After all expenses

Price-to-Rent

13.7

Investor-friendly

DSCR

0.67

Fails

📊 Key Metrics

Median Home Price
$200,243
Average Rent (3BR)
$1,220/mo
Price-to-Rent Ratio
13.7(good)
1% Rule
0.61%(fails — need 1%+)
Cash-on-Cash Return
-9.1%
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 Merrill for Investors

48637
Cap Rate: 4.3%Cash Flow: -$349/mo$200,243
48637
Cap Rate: 4.3%Cash Flow: -$349/mo$200,243

All Zip Codes in Merrill

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
486374.3%-$349$200,243$1,220/mo0.67
486374.3%-$349$200,243$1,220/mo0.67