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
3.9%
Avg Cash on Cash
-11.1%
Median Cashflow
-$912/mo
Avg Rent Estimate
$2,731/mo
Avg Price
$451,517
Price Range
$339,900 - $575,100
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 primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.9%, 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 10+ analyzed properties, the median monthly cashflow in Troy, MI is -$912 with average rents of $2,731/month. Properties range from $339,900 to $575,100, offering entry points across multiple investment budgets.
Troy, MI Rental Market Insights
- •Median cashflow is -$912/month — careful deal selection is essential here
- •3.9% 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 $575,100
- •Consider this market if your strategy favors equity growth with rental income covering holding costs