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 10+ datapoints.
Farmington Hills, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.9%
Avg Cash on Cash
-12.1%
Median Cashflow
-$956/mo
Avg Rent Estimate
$2,762/mo
Avg Price
$433,538
Price Range
$267,000 - $564,300
Rent to Price
0.64%
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 3.9%, 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 10+ analyzed properties, the median monthly cashflow in Farmington Hills, MI is -$956 with average rents of $2,762/month. Properties range from $267,000 to $564,300, offering entry points across multiple investment budgets.
27827 Westcott Crescent Cir, Farmington Hills, MI 48334
Price
$359,000
Rent
$2,313
CachFlow
-$682
CoC
-10.86
31641 Rocky Crst, Farmington Hills, MI 48336
Price
$443,600
Rent
$2,527
CachFlow
-$1,030
CoC
-13.27
34377 Colfax Dr, Farmington Hills, MI 48335
Price
$289,600
Rent
$2,044
CachFlow
-$257
CoC
-5.07
28335 Golf Pointe Blvd, Farmington Hills, MI 48331
Price
$493,500
Rent
$2,894
CachFlow
-$1,389
CoC
-16.08
29211 Geraldine Ct, Farmington Hills, MI 48336
Price
$408,400
Rent
$2,598
CachFlow
-$812
CoC
-11.36
Farmington Hills, MI Rental Market Insights
- •Median cashflow is -$956/month — careful deal selection is essential here
- •3.9% 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