Livonia, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Livonia, MI. Based on 40+ datapoints.
Livonia, MI Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
4.7%
Avg Cash on Cash
-8.2%
Median Cashflow
-$447/mo
Avg Rent Estimate
$2,249/mo
Avg Price
$336,681
Price Range
$220,000 - $509,400
Rent to Price
0.67%
low ratio
Positive Cashflow
5%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Livonia, MI
Livonia, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.7%, 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 40+ analyzed properties, the median monthly cashflow in Livonia, MI is -$447 with average rents of $2,249/month. Properties range from $220,000 to $509,400, offering entry points across multiple investment budgets.
Livonia, MI Rental Market Insights
- •Median cashflow is -$447/month — careful deal selection is essential here
- •4.7% median cap rate is typical of appreciation-focused markets
- •At 5% positive cashflow rate, Livonia, MI requires selective property picks
- •Mid-to-upper tier market with properties from $220,000 to $509,400
- •Consider this market if your strategy favors equity growth with rental income covering holding costs