Birmingham, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Birmingham, MI. Based on 10+ datapoints.
Birmingham, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.5%
Avg Cash on Cash
-12.1%
Median Cashflow
-$1,739/mo
Avg Rent Estimate
$4,176/mo
Avg Price
$746,758
Price Range
$436,100 - $1,009,800
Rent to Price
0.56%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Birmingham, MI
Birmingham, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.5%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Birmingham, MI is -$1,739 with average rents of $4,176/month. Properties range from $436,100 to $1,009,800, offering entry points across multiple investment budgets.
Birmingham, MI Rental Market Insights
- •Median cashflow is -$1,739/month — careful deal selection is essential here
- •3.5% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Birmingham, MI requires selective property picks
- •Premium market with properties from $436,100 to $1,009,800
- •Consider this market if your strategy favors equity growth with rental income covering holding costs