Flipper Friendly Ranking in Michigan for zip
The ranking across the USA can be found in USA Ranking
Discover the top rental investment opportunities across Michigan. Each region offers unique potential for real estate investment based on factors such as price appreciation, rent growth and demography. The locations are ranked based on RIA Score.
zip: 48205, Detroit, Wayne County, MI.
Rank #1. RIA Score: 35.94
This region has experienced high 7.85% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 3.44, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 35.94% even with high mortgage interest.
Conclusion: Based on the analysis, in 48205, Detroit, Wayne County, MI offers promising investment potential with an excellent 35.94% annual return on investment with 20% down payment.
zip: 48213, Detroit, Wayne County, MI.
Rank #2. RIA Score: 33.19
This region has experienced high 6.55% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 3.39, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 33.19% even with high mortgage interest.
Conclusion: Based on the analysis, in 48213, Detroit, Wayne County, MI offers promising investment potential with an excellent 33.19% annual return on investment with 20% down payment.
zip: 48234, Detroit, Wayne County, MI.
Rank #3. RIA Score: 31.74
This region has experienced excellent 10.75% annual price appreciation since the beginning of the millennium. It has flat to negative rent growth.
The average GRM is low at 3.57, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 31.74% even with high mortgage interest.
Conclusion: Based on the analysis, in 48234, Detroit, Wayne County, MI offers promising investment potential with an excellent 31.74% annual return on investment with 20% down payment.
zip: 48228, Detroit, Wayne County, MI.
Rank #4. RIA Score: 29.51
This region has experienced decent 2.50% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM is low at 4.23, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 29.51% even with high mortgage interest.
Conclusion: Based on the analysis, in 48228, Detroit, Wayne County, MI offers promising investment potential with an excellent 29.51% annual return on investment with 20% down payment.
zip: 48204, Detroit, Wayne County, MI.
Rank #5. RIA Score: 27.27
This region has experienced excellent 10.26% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 4.05, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 27.27% even with high mortgage interest.
Conclusion: Based on the analysis, in 48204, Detroit, Wayne County, MI offers promising investment potential with an excellent 27.27% annual return on investment with 20% down payment.
zip: 48219, Detroit, Wayne County, MI.
Rank #6. RIA Score: 25.78
This region has experienced excellent 15.87% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 5.78, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 25.78% even with high mortgage interest.
Conclusion: Based on the analysis, in 48219, Detroit, Wayne County, MI offers promising investment potential with an excellent 25.78% annual return on investment with 20% down payment.
zip: 48238, Detroit, Wayne County, MI.
Rank #7. RIA Score: 25.05
This region has experienced high 5.94% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 4.17, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 25.05% even with high mortgage interest.
Conclusion: Based on the analysis, in 48238, Detroit, Wayne County, MI offers promising investment potential with an excellent 25.05% annual return on investment with 20% down payment.
zip: 48227, Detroit, Wayne County, MI.
Rank #8. RIA Score: 24.16
This region has experienced high 4.84% annual price appreciation since the beginning of the millennium. It has flat to negative rent growth.
The average GRM is low at 4.28, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 24.16% even with high mortgage interest.
Conclusion: Based on the analysis, in 48227, Detroit, Wayne County, MI offers promising investment potential with an excellent 24.16% annual return on investment with 20% down payment.
zip: 48030, Hazel Park, Oakland County, MI.
Rank #9. RIA Score: 22.92
This region has experienced excellent 8.90% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM is low at 8.90, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 22.92% even with high mortgage interest.
Conclusion: Based on the analysis, in 48030, Hazel Park, Oakland County, MI offers promising investment potential with an excellent 22.92% annual return on investment with 20% down payment.
zip: 48141, Inkster, Wayne County, MI.
Rank #10. RIA Score: 22.73
This region has experienced excellent 8.62% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM is low at 5.97, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 22.73% even with high mortgage interest.
Conclusion: Based on the analysis, in 48141, Inkster, Wayne County, MI offers promising investment potential with an excellent 22.73% annual return on investment with 20% down payment.
zip: 49507, Grand Rapids, Kent County, MI.
Rank #11. RIA Score: 22.59
This region has experienced excellent 8.71% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 10.87 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 22.59% even with high mortgage interest.
Conclusion: Based on the analysis, in 49507, Grand Rapids, Kent County, MI offers promising investment potential with an excellent 22.59% annual return on investment with 20% down payment.
zip: 48089, Warren, Macomb County, MI.
Rank #12. RIA Score: 22.47
This region has experienced decent 2.26% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM is low at 7.70, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 22.47% even with high mortgage interest.
Conclusion: Based on the analysis, in 48089, Warren, Macomb County, MI offers promising investment potential with an excellent 22.47% annual return on investment with 20% down payment.
zip: 48224, Detroit, Wayne County, MI.
Rank #13. RIA Score: 22.05
This region has experienced decent 2.28% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 4.83, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 22.05% even with high mortgage interest.
Conclusion: Based on the analysis, in 48224, Detroit, Wayne County, MI offers promising investment potential with an excellent 22.05% annual return on investment with 20% down payment.
zip: 49504, Grand Rapids, Kent County, MI.
Rank #14. RIA Score: 20.22
This region has experienced excellent 8.35% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 11.59 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 20.22% even with high mortgage interest.
Conclusion: Based on the analysis, in 49504, Grand Rapids, Kent County, MI offers promising investment potential with an excellent 20.22% annual return on investment with 20% down payment.
zip: 48235, Detroit, Wayne County, MI.
Rank #15. RIA Score: 18.94
This region has experienced high 6.98% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 5.87, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 18.94% even with high mortgage interest.
Conclusion: Based on the analysis, in 48235, Detroit, Wayne County, MI offers promising investment potential with an attractive 18.94% annual return on investment with 20% down payment.
zip: 49503, Grand Rapids, Kent County, MI.
Rank #16. RIA Score: 17.35
This region has experienced excellent 8.38% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 13.24 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 17.35% even with high mortgage interest.
Conclusion: Based on the analysis, in 49503, Grand Rapids, Kent County, MI offers promising investment potential with an attractive 17.35% annual return on investment with 20% down payment.
zip: 48220, Ferndale, Oakland County, MI.
Rank #17. RIA Score: 16.53
This region has experienced high 7.50% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 11.82 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 16.53% even with high mortgage interest.
Conclusion: Based on the analysis, in 48220, Ferndale, Oakland County, MI offers promising investment potential with an attractive 16.53% annual return on investment with 20% down payment.
zip: 49007, Kalamazoo, Kalamazoo County, MI.
Rank #18. RIA Score: 16.23
This region has experienced comparatively flat 0.07% annual price appreciation since the beginning of the millennium. It has high rent growth.
The average GRM is low at 6.58, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 16.23% even with high mortgage interest.
Conclusion: Based on the analysis, in 49007, Kalamazoo, Kalamazoo County, MI offers promising investment potential with an attractive 16.23% annual return on investment with 20% down payment.
zip: 48221, Detroit, Wayne County, MI.
Rank #19. RIA Score: 15.25
This region has experienced excellent 8.69% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 8.45, which makes it attractive for rent and hold investors.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 15.25% even with high mortgage interest.
Conclusion: Based on the analysis, in 48221, Detroit, Wayne County, MI offers promising investment potential with an attractive 15.25% annual return on investment with 20% down payment.
zip: 49505, Grand Rapids, Kent County, MI.
Rank #20. RIA Score: 15.24
This region has experienced excellent 8.01% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 12.83 suggests balanced investment opportunities where some additional cashflow is needed in first couples of years only.
In a 25-year time horizon, if price appreciation and rent growth matches the past, it can be expected to yield an excellent rate of return of 15.24% even with high mortgage interest.
Conclusion: Based on the analysis, in 49505, Grand Rapids, Kent County, MI offers promising investment potential with an attractive 15.24% annual return on investment with 20% down payment.
How to get RIA score for properties you are considering to bye?
Introducing the RIA Rental Investment Analysis Chrome Extension – your trusted co-pilot for streamlining rental property investment. The extension seamlessly gathers data from Zillow listings. This powerful tool not only saves vital information but also with RIA, comparing and selecting the perfect investment property has never been easier.
Demo Youtube VideoHow to use the Chrome extension can be found in RIA Extension Document
Contact Us:
Please send your feedback, suggestions, concerns to property.analyzer.feedback@gmail.com. Wish you all the best in your property search.