Markets / Michigan

Where rentals cash flow in Michigan.

30 of the top 30 Michigan ZIP codes pencil at a DSCR of 1.0 or better, assuming a 7.50% rate at 80% LTV with typical market rents. Tap any market in the Deal Finder to run your own numbers and see live listings.

#MarketTypical priceTypical rentGross yieldEst. DSCRScore
1Detroit 48227$68,707$1,267/mo22.1%2.29x95
2Detroit 48228$69,494$1,137/mo19.6%2.04x95
3Flint 48503$69,567$991/mo17.1%1.77x93
4Inkster 48141$110,097$1,294/mo14.1%1.53x91
5Detroit 48219$90,152$1,217/mo16.2%1.73x91
6Detroit 48235$92,918$1,311/mo16.9%1.81x89
7Detroit 48223$88,710$1,215/mo16.4%1.75x88
8Saginaw 48602$81,789$934/mo13.7%1.45x88
9Warren 48089$131,032$1,320/mo12.1%1.33x85
10Detroit 48214$89,148$1,303/mo17.5%1.87x85
11Detroit 48224$82,764$1,313/mo19.0%2.01x85
12Redford 48240$155,335$1,567/mo12.1%1.35x85
13Kalamazoo 49007$124,416$1,264/mo12.2%1.34x85
14Detroit 48206$89,916$1,273/mo17.0%1.81x84
15Flint 48507$106,862$968/mo10.9%1.18x84
16Dearborn Heights 48125$163,959$1,546/mo11.3%1.26x83
17Eastpointe 48021$154,597$1,410/mo10.9%1.22x82
18Pontiac 48342$130,942$1,317/mo12.1%1.33x82
19Flint 48506$85,491$942/mo13.2%1.40x82
20Lansing 48910$144,180$1,272/mo10.6%1.17x82
21Harper Woods 48225$152,670$1,371/mo10.8%1.20x81
22Lansing 48912$136,579$1,270/mo11.2%1.23x81
23Detroit 48209$89,818$1,004/mo13.4%1.43x80
24Hazel Park 48030$158,915$1,522/mo11.5%1.28x79
25Hamtramck 48212$124,963$1,160/mo11.1%1.22x79
26Detroit 48207$147,426$1,471/mo12.0%1.33x78
27Detroit 48221$135,591$1,372/mo12.1%1.34x78
28Burton 48529$92,980$875/mo11.3%1.21x78
29Redford 48239$176,437$1,593/mo10.8%1.21x76
30Detroit 48208$131,031$1,388/mo12.7%1.40x75

Estimates from Zillow Research public data (ZHVI/ZORI) with standard expense assumptions — not appraisals or loan offers. Data refreshed 2026-06-10.