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 20+ datapoints.
Farmington Hills, MI Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-9.8%
Median Cashflow
-$668/mo
Avg Rent Estimate
$2,601/mo
Avg Price
$391,168
Price Range
$267,000 - $534,000
Rent to Price
0.66%
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 4.3%, 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 20+ analyzed properties, the median monthly cashflow in Farmington Hills, MI is -$668 with average rents of $2,601/month. Properties range from $267,000 to $534,000, offering entry points across multiple investment budgets.
37860 Thames Dr, Farmington Hills, MI 48331
Price
$428,300
Rent
$3,228
CachFlow
-$335
CoC
-4.47
31921 Nottingwood St, Farmington Hills, MI 48334
Price
$307,700
Rent
$2,460
CachFlow
-$173
CoC
-3.21
27861 Green Willow St, Farmington Hills, MI 48331
Price
$350,900
Rent
$2,388
CachFlow
-$505
CoC
-8.22
22411 Springbrook Ave, Farmington Hills, MI 48336
Price
$315,600
Rent
$2,149
CachFlow
-$509
CoC
-9.22
29523 Shenandoah Dr, Farmington Hills, MI 48331
Price
$466,600
Rent
$3,166
CachFlow
-$689
CoC
-8.44
Farmington Hills, MI Rental Market Insights
- •Median cashflow is -$668/month — careful deal selection is essential here
- •4.3% 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 $534,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs