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 10+ datapoints.
Troy, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-11.3%
Median Cashflow
-$920/mo
Avg Rent Estimate
$2,634/mo
Avg Price
$436,973
Price Range
$339,900 - $499,900
Rent to Price
0.6%
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 an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 3.8% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Troy, MI is -$920 with average rents of $2,634/month. Properties range from $339,900 to $499,900, offering entry points across multiple investment budgets.
Troy, MI Rental Market Insights
- •Median cashflow is -$920/month — careful deal selection is essential here
- •3.8% 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 $339,900 to $499,900
- •Early-stage market data — revisit as more properties are analyzed for stronger signals