Northville, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Northville, MI. Based on 10+ datapoints.
Northville, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-13.4%
Median Cashflow
-$1,124/mo
Avg Rent Estimate
$3,016/mo
Avg Price
$551,680
Price Range
$424,400 - $747,000
Rent to Price
0.55%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Northville, MI
Northville, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.8%, typical of premium markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Northville, MI is -$1,124 with average rents of $3,016/month. Properties range from $424,400 to $747,000, offering entry points across multiple investment budgets.
37921 W Meadowhill Dr, Northville, MI 48167
Price
$495,800
Rent
$3,318
CachFlow
-$845
CoC
-9.74
47040 Timberlane St, Northville, MI 48167
Price
$747,000
Rent
$2,881
CachFlow
-$2,531
CoC
-19.36
46250 Bloomcrest Dr, Northville, MI 48167
Price
$598,600
Rent
$2,824
CachFlow
-$1,819
CoC
-17.36
Northville, MI Rental Market Insights
- •Median cashflow is -$1,124/month — careful deal selection is essential here
- •3.8% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Northville, MI requires selective property picks
- •Premium market with properties from $424,400 to $747,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs