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 15+ datapoints.
Livonia, MI Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.9%
Avg Cash on Cash
-8.1%
Median Cashflow
-$405/mo
Avg Rent Estimate
$2,313/mo
Avg Price
$342,665
Price Range
$220,000 - $579,900
Rent to Price
0.67%
low ratio
Positive Cashflow
12%
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 4.9%, 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 15+ analyzed properties, the median monthly cashflow in Livonia, MI is -$405 with average rents of $2,313/month. Properties range from $220,000 to $579,900, offering entry points across multiple investment budgets.
Livonia, MI Rental Market Insights
- •Median cashflow is -$405/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 12% positive cashflow rate, Livonia, MI requires selective property picks
- •Mid-to-upper tier market with properties from $220,000 to $579,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs