Michigan Real Estate Market
Rental Property Investment in Michigan
Find the most profitable long-term rental properties across Michigan. Average Cash-on-Cash: 9-13%. Flat state income tax (4.25%).
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Michigan Rental Market Overview
Key statistics for real estate investors in Michigan
10.0 million
Population
$230,000
Median Price
$1,250
Avg Rent
9-13%
Cash-on-Cash
Yes
State Tax
Medium
Landlord Friendly
Top Investment Markets in Michigan
Compare the best cities for rental property investment
Why Invest in Michigan Rental Properties?
Very low entry prices with high cash flow
Auto industry resurgence and EV investments
Strong healthcare sector employment
Growing tech and startup ecosystem
Urban renewal attracting young professionals
Current Market Trends
Detroit suburban markets safer for investors
Grand Rapids showing strong appreciation
EV manufacturing creating jobs
Careful neighborhood selection critical in Detroit
Michigan State Tax Status
Flat state income tax (4.25%)
Factor state income tax into your cash flow calculations when analyzing properties.
All Major Cities in Michigan
Explore rental property opportunities across the state
Detroit
Grand Rapids
Ann Arbor
Lansing
Warren
Metrics Calculated for Every Michigan Property
Cash-on-Cash Return
Cap Rate
Monthly Cash Flow
Total ROI
Gross Rent Multiplier
Debt Service Coverage
Break-Even Ratio
Price per Sq Ft
Start Finding Profitable Rentals in Michigan Today
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