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
-11.6%
Median Cashflow
-$960/mo
Avg Rent Estimate
$2,890/mo
Avg Price
$450,033
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 -$960 with average rents of $2,890/month. Properties range from $267,000 to $564,300, offering entry points across multiple investment budgets.
29211 Geraldine Ct, Farmington Hills, MI 48336
Price
$408,400
Rent
$2,598
CachFlow
-$812
CoC
-11.36
27526 Bridle Hills Dr, Farmington Hills, MI 48336
Price
$404,700
Rent
$2,497
CachFlow
-$731
CoC
-10.32
35339 W Thirteen Mile Rd, Farmington Hills, MI 48331
Price
$964,300
Rent
$3,544
CachFlow
-$3,236
CoC
-19.18
27869 Old Colony St, Farmington Hills, MI 48334
Price
$534,000
Rent
$3,155
CachFlow
-$1,040
CoC
-11.13
21660 Roosevelt Ave, Farmington Hills, MI 48336
Price
$267,000
Rent
$2,045
CachFlow
-$284
CoC
-6.08
Farmington Hills, MI Rental Market Insights
- •Median cashflow is -$960/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