Dearborn, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Dearborn, MI. Based on 15+ datapoints.
Dearborn, MI Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
3.7%
Avg Cash on Cash
-10.9%
Median Cashflow
-$644/mo
Avg Rent Estimate
$2,015/mo
Avg Price
$342,687
Price Range
$213,200 - $589,900
Rent to Price
0.59%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Dearborn, MI
Dearborn, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.7%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 15+ analyzed properties, the median monthly cashflow in Dearborn, MI is -$644 with average rents of $2,015/month. Properties range from $213,200 to $589,900, offering entry points across multiple investment budgets.
Dearborn, MI Rental Market Insights
- •Median cashflow is -$644/month — careful deal selection is essential here
- •3.7% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Dearborn, MI requires selective property picks
- •Mid-to-upper tier market with properties from $213,200 to $589,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs