Ranking of Top Return Potential 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: 49504, Grand Rapids, Kent County, MI.
Rank #1. 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: 48220, Ferndale, Oakland County, MI.
Rank #2. 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: 49505, Grand Rapids, Kent County, MI.
Rank #3. 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.
zip: 48071, Madison Heights, Oakland County, MI.
Rank #4. RIA Score: 12.99
This region has experienced high 5.92% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 11.64 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 12.99% even with high mortgage interest.
Conclusion: Based on the analysis, in 48071, Madison Heights, Oakland County, MI offers promising investment potential with an attractive 12.99% annual return on investment with 20% down payment.
zip: 48035, Clinton Township, Macomb County, MI.
Rank #5. RIA Score: 12.90
This region has experienced excellent 10.34% annual price appreciation since the beginning of the millennium. It has flat to negative rent growth.
The average GRM of 14.37 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 12.90% even with high mortgage interest.
Conclusion: Based on the analysis, in 48035, Clinton Township, Macomb County, MI offers promising investment potential with an attractive 12.90% annual return on investment with 20% down payment.
zip: 49506, East Grand Rapids, Kent County, MI.
Rank #6. RIA Score: 12.69
This region has experienced excellent 8.03% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 15.15 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 12.69% even with high mortgage interest.
Conclusion: Based on the analysis, in 49506, East Grand Rapids, Kent County, MI offers promising investment potential with an attractive 12.69% annual return on investment with 20% down payment.
zip: 48240, Redford, Wayne County, MI.
Rank #7. RIA Score: 12.38
This region has experienced high 5.83% annual price appreciation since the beginning of the millennium. It has flat to negative rent growth.
The average GRM is low at 8.02, 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 12.38% even with high mortgage interest.
Conclusion: Based on the analysis, in 48240, Redford, Wayne County, MI offers promising investment potential with an attractive 12.38% annual return on investment with 20% down payment.
zip: 48067, Royal Oak, Oakland County, MI.
Rank #8. RIA Score: 12.03
This region has experienced high 5.01% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 12.40 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 12.03% even with high mortgage interest.
Conclusion: Based on the analysis, in 48067, Royal Oak, Oakland County, MI offers promising investment potential with an attractive 12.03% annual return on investment with 20% down payment.
zip: 48125, Dearborn Heights, Wayne County, MI.
Rank #9. RIA Score: 11.64
This region has experienced high 4.43% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 8.35, 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 11.64% even with high mortgage interest.
Conclusion: Based on the analysis, in 48125, Dearborn Heights, Wayne County, MI offers promising investment potential with an attractive 11.64% annual return on investment with 20% down payment.
zip: 48146, Lincoln Park, Wayne County, MI.
Rank #10. RIA Score: 10.99
This region has experienced high 5.01% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 8.75, 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 10.99% even with high mortgage interest.
Conclusion: Based on the analysis, in 48146, Lincoln Park, Wayne County, MI offers promising investment potential with an attractive 10.99% annual return on investment with 20% down payment.
zip: 48021, Eastpointe, Macomb County, MI.
Rank #11. RIA Score: 10.84
This region has experienced decent 3.56% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 8.72, 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 10.84% even with high mortgage interest.
Conclusion: Based on the analysis, in 48021, Eastpointe, Macomb County, MI offers promising investment potential with an attractive 10.84% annual return on investment with 20% down payment.
zip: 48640, Midland, Midland County, MI.
Rank #12. RIA Score: 10.63
This region has experienced high 4.25% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 9.76, 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 10.63% even with high mortgage interest.
Conclusion: Based on the analysis, in 48640, Midland, Midland County, MI offers promising investment potential with an attractive 10.63% annual return on investment with 20% down payment.
zip: 48180, Taylor, Wayne County, MI.
Rank #13. RIA Score: 10.57
This region has experienced high 5.09% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 9.23, 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 10.57% even with high mortgage interest.
Conclusion: Based on the analysis, in 48180, Taylor, Wayne County, MI offers promising investment potential with an attractive 10.57% annual return on investment with 20% down payment.
zip: 48239, Redford, Wayne County, MI.
Rank #14. RIA Score: 10.55
This region has experienced high 5.77% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 9.61, 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 10.55% even with high mortgage interest.
Conclusion: Based on the analysis, in 48239, Redford, Wayne County, MI offers promising investment potential with an attractive 10.55% annual return on investment with 20% down payment.
zip: 48225, Harper Woods, Wayne County, MI.
Rank #15. RIA Score: 9.83
This region has experienced decent 3.19% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM is low at 8.94, 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 9.83% even with high mortgage interest.
Conclusion: Based on the analysis, in 48225, Harper Woods, Wayne County, MI offers promising investment potential with an average 9.83% annual return on investment with 20% down payment.
zip: 48237, Oak Park, Oakland County, MI.
Rank #16. RIA Score: 9.51
This region has experienced high 5.21% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM of 11.10 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 9.51% even with high mortgage interest.
Conclusion: Based on the analysis, in 48237, Oak Park, Oakland County, MI offers promising investment potential with an average 9.51% annual return on investment with 20% down payment.
zip: 48066, Roseville, Macomb County, MI.
Rank #17. RIA Score: 9.45
This region has experienced high 4.75% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM of 10.33 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 9.45% even with high mortgage interest.
Conclusion: Based on the analysis, in 48066, Roseville, Macomb County, MI offers promising investment potential with an average 9.45% annual return on investment with 20% down payment.
zip: 49423, Holland, Allegan County, MI.
Rank #18. RIA Score: 9.09
This region has experienced high 5.67% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 17.81 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 9.09% even with high mortgage interest.
Conclusion: Based on the analysis, in 49423, Holland, Allegan County, MI offers promising investment potential with an average 9.09% annual return on investment with 20% down payment.
zip: 48104, Ann Arbor, Washtenaw County, MI.
Rank #19. RIA Score: 8.83
This region has experienced high 5.71% annual price appreciation since the beginning of the millennium. It has excellent rent growth.
The average GRM of 20.25 is high, indicating the need for further investment in future years. But price and rent growth eventually expected to yield significant return.
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 8.83% even with high mortgage interest.
Conclusion: Based on the analysis, in 48104, Ann Arbor, Washtenaw County, MI offers promising investment potential with an average 8.83% annual return on investment with 20% down payment.
zip: 49508, Kentwood, Kent County, MI.
Rank #20. RIA Score: 8.74
This region has experienced high 6.40% annual price appreciation since the beginning of the millennium. It has decent rent growth.
The average GRM of 13.80 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 8.74% even with high mortgage interest.
Conclusion: Based on the analysis, in 49508, Kentwood, Kent County, MI offers promising investment potential with an average 8.74% annual return on investment with 20% down payment.
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