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
7.8%
Median Cashflow
$230/mo
Avg Rent Estimate
$2,222/mo
Avg Price
$171,330
Price Range
$65,900 - $292,400
Rent to Price
1.3%
strong ratio
Positive Cashflow
70%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Detroit, MI
Detroit, MI delivers consistent cashflow for mid-term rental investors. 70% of analyzed properties generate positive monthly cashflow, with a median of $230/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 50+ analyzed properties, Detroit, MI mid-term rental investments show a median monthly cashflow of $230 with average furnished rent estimates of $2,222/month. These figures reflect real property data, not projections.
Detroit, MI Mid-Term Rental Market Insights
- •Positive median cashflow of $230/month indicates most investors cover expenses
- •8.4% median cap rate places Detroit, MI among higher-yielding markets nationwide
- •70% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $65,900 to $292,400
- •Ideal for investors building a portfolio of income-producing properties