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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.

10883 Balfour Rd, Detroit, MI 48224

Price

$106,700

Rent

$2,313

CachFlow

$722

CoC

21.44

Full Analysis

17585 Faust Ave, Detroit, MI 48219

Price

$239,900

Rent

$2,342

CachFlow

-$53

CoC

-0.93

Full Analysis

14257 Artesian St, Detroit, MI 48223

Price

$269,900

Rent

$2,292

CachFlow

-$198

CoC

-3.18

Full Analysis

20417 Sheffield Rd, Detroit, MI 48221

Price

$253,600

Rent

$2,436

CachFlow

-$311

CoC

-5.24

Full Analysis

19139 Lauder St, Detroit, MI 48235

Price

$179,900

Rent

$1,640

CachFlow

-$157

CoC

-3.38

Full Analysis
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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

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