Detroit, MI Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Detroit, MI. Based on 50+ datapoints.
Detroit, MI Mid-Term Rental Investment Snapshot
Based on 50+ mid-term rental datapoints
Median Cap Rate
8.4%
Avg Cash on Cash
7.4%
Median Cashflow
$275/mo
Avg Rent Estimate
$2,205/mo
Avg Price
$174,337
Price Range
$65,900 - $312,900
Rent to Price
1.26%
strong ratio
Positive Cashflow
69%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Detroit, MI
Detroit, MI presents a balanced mid-term rental profile across 50+ analyzed datapoints. A median 8.4% cap rate combined with 7.4% average cash-on-cash returns make this a solid market for investors blending furnished-rental yield with the operational simplicity of monthly stays at a moderately priced price point.
Across 50+ analyzed properties, Detroit, MI mid-term rental investments show a median monthly cashflow of $275 with average furnished rent estimates of $2,205/month. These figures reflect real property data, not projections.
Detroit, MI Mid-Term Rental Market Insights
- •Positive median cashflow of $275/month indicates most investors cover expenses
- •8.4% median cap rate places Detroit, MI among higher-yielding markets nationwide
- •69% positive cashflow rate means roughly half properties are cash-flow positive
- •Moderately priced market with properties from $65,900 to $312,900