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 40+ datapoints.
Sterling Heights, MI Long-Term Rental Investment Snapshot
Based on 40+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-9.4%
Median Cashflow
-$544/mo
Avg Rent Estimate
$2,200/mo
Avg Price
$323,254
Price Range
$249,000 - $404,600
Rent to Price
0.68%
low ratio
Positive Cashflow
0%
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 40+ analyzed datapoints. A median 4.2% cap rate combined with -9.4% 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 40+ analyzed properties, the median monthly cashflow in Sterling Heights, MI is -$544 with average rents of $2,200/month. Properties range from $249,000 to $404,600, offering entry points across multiple investment budgets.
40311 Colony Dr, Sterling Heights, MI 48313
Price
$285,100
Rent
$1,727
CachFlow
-$562
CoC
-11.26
8835 Birkhill Dr, Sterling Heights, MI 48314
Price
$309,300
Rent
$1,887
CachFlow
-$655
CoC
-12.1
11551 Creekside Ct, Sterling Heights, MI 48312
Price
$349,900
Rent
$1,869
CachFlow
-$863
CoC
-14.09
5242 Mansfield Ave, Sterling Heights, MI 48310
Price
$281,300
Rent
$1,695
CachFlow
-$629
CoC
-12.78
Sterling Heights, MI Rental Market Insights
- •Median cashflow is -$544/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Sterling Heights, MI requires selective property picks
- •Mid-to-upper tier market with properties from $249,000 to $404,600