RentYield Atlas

ZIP 48122 — Melvindale, MI: rental yield & market data

Gross rental yield of 8.97% — ranked #48 of 214 Michigan ZIP codes. June 2026 data.

Gross rental yield
8.97%
Home value
$144,214
Market rent / mo
$1,078
Price-to-rent
11.2

Trend

Metric1-year change5-year change
Home value+1.8% +26.8%
Market rent+4.6%

Metro: Detroit-Warren-Dearborn, MI · County: Wayne County · Annual rent: $12,936

Comparable ZIP codes in Michigan

Similar home values, sorted by yield — the cheapest way to see if 48122 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
48208DetroitMI$137,606$1,44312.58%7.9-11.5%
48221DetroitMI$138,244$1,34011.63%8.6-5.2%
48207DetroitMI$148,264$1,37011.09%9.0-10.0%
48340PontiacMI$143,979$1,27010.58%9.5+3.8%
48912LansingMI$142,006$1,25010.56%9.5-1.1%
48910LansingMI$148,282$1,29810.50%9.5+3.2%
48708Bay CityMI$140,329$1,17910.08%9.9+7.0%
49202JacksonMI$141,332$1,0568.97%11.2+4.0%

Top rental yields in all of Michigan →

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