Northville, MI — Rental Investment Analysis

🔴POORnegative cash flow likely

Cap Rate

1.9%

Below average

Monthly Cash Flow

-$2,208

After all expenses

Price-to-Rent

23.5

Overpriced for rent

DSCR

0.29

Fails

📊 Key Metrics

Median Home Price
$577,778
Average Rent (3BR)
$2,055/mo
Price-to-Rent Ratio
23.5(high)
1% Rule
0.36%(fails — need 1%+)
Cash-on-Cash Return
-19.6%
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 Northville for Investors

48167
Cap Rate: 2.4%Cash Flow: -$1,663/mo$498,681
48167
Cap Rate: 2.4%Cash Flow: -$1,663/mo$498,681
48168
Cap Rate: 1.4%Cash Flow: -$2,754/mo$656,875

All Zip Codes in Northville

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
481672.4%-$1,663$498,681$2,070/mo0.37
481672.4%-$1,663$498,681$2,070/mo0.37
481681.4%-$2,754$656,875$2,040/mo0.21
481681.4%-$2,754$656,875$2,040/mo0.21