Michigan — Rental Investment Markets
All Michigan metros ranked by cap rate. Median cap rate: 10.5%, median home price: $85,000.
Median Cap Rate
10.5%
Median Home Price
$85,000
Median Rent
$1,100/mo
| # | City | Cap Rate | Cash Flow | Home Price | Rent (3BR) | Verdict |
|---|---|---|---|---|---|---|
| 1 | Detroit, MI | 10.5% | +$520/mo | $85,000 | $1,100/mo | 🟢 STRONG |