Sterling Heights, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Sterling Heights, MI. Based on 30+ datapoints.
Sterling Heights, MI Long-Term Rental Investment Snapshot
Based on 30+ long-term rental datapoints
Median Cap Rate
4.7%
Avg Cash on Cash
-7.6%
Median Cashflow
-$421/mo
Avg Rent Estimate
$2,354/mo
Avg Price
$326,429
Price Range
$276,000 - $437,500
Rent to Price
0.72%
low ratio
Positive Cashflow
3%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Sterling Heights, MI
Sterling Heights, MI presents a balanced long-term rental investment profile across 30+ analyzed datapoints. A median 4.7% cap rate combined with -7.6% average cash-on-cash returns make this a solid market for investors seeking a mix of cashflow and stability at a mid-to-upper tier price point.
Based on 30+ analyzed properties, the median monthly cashflow in Sterling Heights, MI is -$421 with average rents of $2,354/month. Properties range from $276,000 to $437,500, offering entry points across multiple investment budgets.
39629 Edgemont Dr, Sterling Heights, MI 48310
Price
$355,200
Rent
$2,304
CachFlow
-$629
CoC
-10.12
35535 Collingwood Dr, Sterling Heights, MI 48312
Price
$334,500
Rent
$2,208
CachFlow
-$446
CoC
-7.62
12215 Fairview Dr, Sterling Heights, MI 48312
Price
$307,300
Rent
$1,936
CachFlow
-$597
CoC
-11.1
40252 Hamilton Dr, Sterling Heights, MI 48313
Price
$298,900
Rent
$1,992
CachFlow
-$594
CoC
-11.36
11000 Clinton River Rd, Sterling Heights, MI 48314
Price
$354,000
Rent
$2,492
CachFlow
-$473
CoC
-7.64
Sterling Heights, MI Rental Market Insights
- •Median cashflow is -$421/month — careful deal selection is essential here
- •4.7% median cap rate is typical of appreciation-focused markets
- •At 3% positive cashflow rate, Sterling Heights, MI requires selective property picks
- •Mid-to-upper tier market with properties from $276,000 to $437,500