Farmington Hills, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Farmington Hills, MI. Based on 15+ datapoints.
Farmington Hills, MI Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.1%
Avg Cash on Cash
-10.4%
Median Cashflow
-$772/mo
Avg Rent Estimate
$2,697/mo
Avg Price
$417,272
Price Range
$267,000 - $564,300
Rent to Price
0.65%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Farmington Hills, MI
Farmington Hills, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.1%, 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 Farmington Hills, MI is -$772 with average rents of $2,697/month. Properties range from $267,000 to $564,300, offering entry points across multiple investment budgets.
29523 Shenandoah Dr, Farmington Hills, MI 48331
Price
$466,600
Rent
$3,166
CachFlow
-$689
CoC
-8.44
33503 Stocker St, Farmington Hills, MI 48335
Price
$278,300
Rent
$2,298
CachFlow
-$286
CoC
-5.87
32484 Chesterbrook St, Farmington Hills, MI 48334
Price
$390,000
Rent
$2,586
CachFlow
-$614
CoC
-9
Farmington Hills, MI Rental Market Insights
- •Median cashflow is -$772/month — careful deal selection is essential here
- •4.1% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Farmington Hills, MI requires selective property picks
- •Mid-to-upper tier market with properties from $267,000 to $564,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs