Waterford, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Waterford, MI. Based on 20+ datapoints.
Waterford, MI Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.7%
Avg Cash on Cash
-8.5%
Median Cashflow
-$445/mo
Avg Rent Estimate
$2,089/mo
Avg Price
$330,192
Price Range
$238,800 - $626,600
Rent to Price
0.63%
low ratio
Positive Cashflow
4%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Waterford, MI
Waterford, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.7%, 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 20+ analyzed properties, the median monthly cashflow in Waterford, MI is -$445 with average rents of $2,089/month. Properties range from $238,800 to $626,600, offering entry points across multiple investment budgets.
Waterford, MI Rental Market Insights
- •Median cashflow is -$445/month — careful deal selection is essential here
- •4.7% median cap rate is typical of appreciation-focused markets
- •At 4% positive cashflow rate, Waterford, MI requires selective property picks
- •Mid-to-upper tier market with properties from $238,800 to $626,600
- •Consider this market if your strategy favors equity growth with rental income covering holding costs