Here are the additional details on the cities in Michigan. Check out other states.
Best Cash on Cash Return on Investment Cities in Michigan
| State |
CoC ROI |
Price Appr |
Rent Appr |
| Detroit |
9.06% |
-6.98% |
4.35% |
| Lansing |
4.3% |
-2.85% |
3.8% |
| St Clair Shores |
3.76% |
-1.2% |
4.76% |
| Warren |
3.5% |
-1.62% |
4.06% |
| Grand Rapids |
3.16% |
0.93% |
4.64% |
Best Rent Appreciation Rate Cities in Michigan
| State |
CoC ROI |
Price Appr |
Rent Appr |
| Flint |
14.08% |
-8.82% |
5.29% |
| St Clair Shores |
3.76% |
-1.2% |
4.76% |
| Grand Rapids |
3.16% |
0.93% |
4.64% |
| Sterling Heights |
2.19% |
-0.1% |
4.38% |
| Detroit |
9.06% |
-6.98% |
4.35% |
Best Home Price Appreciation Rate Cities in Michigan
| State |
CoC ROI |
Price Appr |
Rent Appr |
| Ann Arbor |
0.58% |
2.36% |
3.79% |
| Royal Oak |
1.44% |
1.56% |
3.92% |
| Rochester Hills |
1.42% |
1.35% |
4.12% |
| Troy |
0.9% |
1.04% |
3.19% |
| Grand Rapids |
3.16% |
0.93% |
4.64% |
CoCR, Appreciation and Rent Appreciation CAGR in Michigan
| State |
CoC ROI |
Price Appr |
Rent Appr |
| Ann Arbor |
0.58% |
2.36% |
3.79% |
| Dearborn |
2.67% |
-1.06% |
3.84% |
| Detroit |
9.06% |
-6.98% |
4.35% |
| Farmington Hills |
1.03% |
0.22% |
3.63% |
| Flint |
14.08% |
-8.82% |
5.29% |
| Grand Rapids |
3.16% |
0.93% |
4.64% |
| Kalamazoo |
2.68% |
-0.54% |
3.31% |
| Lansing |
4.3% |
-2.85% |
3.8% |
| Livonia |
2.17% |
-0.32% |
3.78% |
| Rochester Hills |
1.42% |
1.35% |
4.12% |
| Royal Oak |
1.44% |
1.56% |
3.92% |
| Southfield |
2.63% |
-1.26% |
3.23% |
| St Clair Shores |
3.76% |
-1.2% |
4.76% |
| Sterling Heights |
2.19% |
-0.1% |
4.38% |
| Troy |
0.9% |
1.04% |
3.19% |
| Warren |
3.5% |
-1.62% |
4.06% |
| Westland |
3.09% |
-1.99% |
3.09% |
| Wyoming |
3.11% |
-0.38% |
3.49% |
Estimated Property Taxes for Rental Properties By City in Michigan
| State |
Annual Tax Percent |
| Flint |
3.8% |
| Detroit |
3.66% |
| Lansing |
2.58% |
| Dearborn |
2.55% |
| Kalamazoo |
2.41% |
| Southfield |
2.37% |
| Warren |
2.24% |
| Westland |
2.16% |
| Ann Arbor |
1.93% |
| St Clair Shores |
1.86% |
| Farmington Hills |
1.76% |
| Wyoming |
1.73% |
| Livonia |
1.7% |
| Royal Oak |
1.66% |
| Sterling Heights |
1.59% |
| Troy |
1.58% |
| Grand Rapids |
1.46% |
| Rochester Hills |
1.39% |
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