Zip Code 48033 — Southfield, MI
🟢GOOD— solid returnsCap Rate
6.2%
Monthly Cash Flow
-$37
Median Home Price
$228,194
DSCR
0.97
🏠 Fair Market Rents
- Studio
- $1,050/mo
- 1 Bedroom
- $1,170/mo
- 2 Bedroom
- $1,480/mo
- 3 Bedroom
- $1,830/mo
- 4 Bedroom
- $1,970/mo
📊 Investment Metrics
- Cap Rate
- 6.2%
- Cash-on-Cash Return
- -0.8%
- Price-to-Rent Ratio
- 10.4
- 1% Rule
- 0.80%
- Gross Rent Multiplier
- 10.4
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
Customize these numbers in the calculator →