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
4.4%
Avg Cash on Cash
-10.2%
Median Cashflow
-$557/mo
Avg Rent Estimate
$2,478/mo
Avg Price
$341,547
Price Range
$193,500 - $455,000
Rent to Price
0.73%
low ratio
Positive Cashflow
6%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Farmington Hills, MI
Farmington Hills, MI is an emerging long-term rental market gaining investor attention. With 15+ properties analyzed, early data shows the market is developing. The median cap rate of 4.4% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 15+ analyzed properties, the median monthly cashflow in Farmington Hills, MI is -$557 with average rents of $2,478/month. Properties range from $193,500 to $455,000, offering entry points across multiple investment budgets.
33722 Lyncroft St, Farmington Hills, MI 48331
Price
$429,900
Rent
$2,636
CachFlow
-$952
CoC
-12.65
28841 Grayfield Dr, Farmington Hills, MI 48336
Price
$347,400
Rent
$2,995
CachFlow
-$237
CoC
-3.9
28010 Rollcrest Rd, Farmington Hills, MI 48334
Price
$193,500
Rent
$1,776
CachFlow
-$551
CoC
-16.27
23010 Purdue Ave, Farmington Hills, MI 48336
Price
$198,000
Rent
$1,883
CachFlow
-$444
CoC
-12.81
23236 Albion Ave, Farmington Hills, MI 48336
Price
$235,800
Rent
$1,524
CachFlow
-$428
CoC
-10.37
Farmington Hills, MI Rental Market Insights
- •Median cashflow is -$557/month — careful deal selection is essential here
- •4.4% median cap rate is typical of appreciation-focused markets
- •At 6% positive cashflow rate, Farmington Hills, MI requires selective property picks
- •Mid-to-upper tier market with properties from $193,500 to $455,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals