Redford, MI — Rental Investment Analysis

🟢STRONGexcellent cash flow market

Cap Rate

9.3%

Above average

Monthly Cash Flow

+$395

After all expenses

Price-to-Rent

7.5

Investor-friendly

DSCR

1.46

Passes lender test

📊 Key Metrics

Median Home Price
$165,886
Average Rent (3BR)
$1,845/mo
Price-to-Rent Ratio
7.5(good)
1% Rule
1.12%(passes)
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 Redford for Investors

48240
Cap Rate: 10.3%Cash Flow: +$503/mo$155,335
48239
Cap Rate: 8.3%Cash Flow: +$287/mo$176,437

All Zip Codes in Redford

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
4824010.3%+$503$155,335$1,890/mo1.61
482398.3%+$287$176,437$1,800/mo1.31