Troy, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Troy, MI. Based on 15+ datapoints.
Troy, MI Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.2%
Avg Cash on Cash
-12.8%
Median Cashflow
-$847/mo
Avg Rent Estimate
$2,599/mo
Avg Price
$437,336
Price Range
$334,300 - $646,900
Rent to Price
0.59%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Troy, MI
Troy, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.2%, 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 Troy, MI is -$847 with average rents of $2,599/month. Properties range from $334,300 to $646,900, offering entry points across multiple investment budgets.
Troy, MI Rental Market Insights
- •Median cashflow is -$847/month — careful deal selection is essential here
- •4.2% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Troy, MI requires selective property picks
- •Mid-to-upper tier market with properties from $334,300 to $646,900
- •Consider this market if your strategy favors equity growth with rental income covering holding costs