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 40+ datapoints.
Detroit, MI Mid-Term Rental Investment Snapshot
Based on 40+ mid-term rental datapoints
Median Cap Rate
8.4%
Avg Cash on Cash
8.1%
Median Cashflow
$292/mo
Avg Rent Estimate
$2,195/mo
Avg Price
$170,857
Price Range
$65,900 - $312,900
Rent to Price
1.28%
strong ratio
Positive Cashflow
75%
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. 75% of analyzed properties generate positive monthly cashflow, with a median of $292/month. Demand from traveling nurses, corporate housing programs, and insurance-displacement tenants supports steady occupancy at premium furnished rates.
Across 40+ analyzed properties, Detroit, MI mid-term rental investments show a median monthly cashflow of $292 with average furnished rent estimates of $2,195/month. These figures reflect real property data, not projections.
Detroit, MI Mid-Term Rental Market Insights
- •Positive median cashflow of $292/month indicates most investors cover expenses
- •8.4% median cap rate places Detroit, MI among higher-yielding markets nationwide
- •75% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $65,900 to $312,900
- •Ideal for investors building a portfolio of income-producing properties