Westland, MI — Rental Investment Analysis

🟡MODERATEaverage returns

Cap Rate

5.6%

Below average

Monthly Cash Flow

-$144

After all expenses

Price-to-Rent

11.3

Investor-friendly

DSCR

0.88

Fails

📊 Key Metrics

Median Home Price
$213,711
Average Rent (3BR)
$1,580/mo
Price-to-Rent Ratio
11.3(good)
1% Rule
0.74%(fails — need 1%+)
Cash-on-Cash Return
-3.4%
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 Westland for Investors

48186
Cap Rate: 6.0%Cash Flow: -$68/mo$201,106
48185
Cap Rate: 5.2%Cash Flow: -$221/mo$226,317

All Zip Codes in Westland

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
481866.0%-$68$201,106$1,570/mo0.94
481855.2%-$221$226,317$1,590/mo0.82