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 50+ datapoints.
Sterling Heights, MI Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
4.9%
Avg Cash on Cash
-9.4%
Median Cashflow
-$511/mo
Avg Rent Estimate
$2,275/mo
Avg Price
$319,768
Price Range
$230,000 - $425,400
Rent to Price
0.71%
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 50+ analyzed datapoints. A median 4.9% 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 50+ analyzed properties, the median monthly cashflow in Sterling Heights, MI is -$511 with average rents of $2,275/month. Properties range from $230,000 to $425,400, offering entry points across multiple investment budgets.
3494 Corkwood Dr, Sterling Heights, MI 48314
Price
$526,900
Rent
$2,938
CachFlow
-$1,475
CoC
-16
5093 Northlawn Dr, Sterling Heights, MI 48310
Price
$329,900
Rent
$2,265
CachFlow
-$855
CoC
-14.81
40553 Pickett Ridge Rd, Sterling Heights, MI 48313
Price
$289,900
Rent
$2,084
CachFlow
-$399
CoC
-7.86
11191 Lorman Dr, Sterling Heights, MI 48312
Price
$296,900
Rent
$2,251
CachFlow
-$532
CoC
-10.24
35185 Marina Dr, Sterling Heights, MI 48312
Price
$368,300
Rent
$2,396
CachFlow
-$743
CoC
-11.53
Sterling Heights, MI Rental Market Insights
- •Median cashflow is -$511/month — careful deal selection is essential here
- •4.9% 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 $230,000 to $425,400