Howell, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Howell, MI. Based on 20+ datapoints.
Howell, MI Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-10.2%
Median Cashflow
-$642/mo
Avg Rent Estimate
$2,419/mo
Avg Price
$424,835
Price Range
$318,100 - $538,500
Rent to Price
0.57%
low ratio
Positive Cashflow
5%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Howell, MI
Howell, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.2%, 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 Howell, MI is -$642 with average rents of $2,419/month. Properties range from $318,100 to $538,500, offering entry points across multiple investment budgets.
2059 Pinebrook Meadow Ct, Howell, MI 48843
Price
$403,600
Rent
$2,282
CachFlow
-$768
CoC
-10.87
Howell, MI Rental Market Insights
- •Median cashflow is -$642/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Howell, MI requires selective property picks
- •Mid-to-upper tier market with properties from $318,100 to $538,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs