Gross rental yield of 8.36% — ranked #58 of 214 Michigan ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +4.1% | +33.3% |
| Market rent | +1.1% | — |
Metro: Detroit-Warren-Dearborn, MI · County: Wayne County · Annual rent: $20,424
Similar home values, sorted by yield — the cheapest way to see if 48124 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 48126 | Dearborn | MI | $243,279 | $1,736 | 8.56% | 11.7 | +5.1% |
| 48075 | Southfield | MI | $242,679 | $1,684 | 8.33% | 12.0 | +1.3% |
| 48088 | Warren | MI | $248,071 | $1,665 | 8.05% | 12.4 | +2.8% |
| 49507 | Grand Rapids | MI | $246,490 | $1,536 | 7.48% | 13.4 | +1.6% |
| 48237 | Oak Park | MI | $239,564 | $1,445 | 7.24% | 13.8 | +1.5% |
| 48092 | Warren | MI | $248,386 | $1,431 | 6.91% | 14.5 | -0.8% |
| 49006 | Kalamazoo | MI | $248,080 | $1,404 | 6.79% | 14.7 | +5.9% |
| 48162 | Monroe | MI | $242,624 | $1,211 | 5.99% | 16.7 | +5.8% |
Top rental yields in all of Michigan →
Screening more than one ZIP? Get every Michigan ZIP and all 49 other states at once. CSV, opens in Excel / Sheets / pandas. 13 columns incl. metro, county, price-to-rent, 1y & 5y value and rent growth.
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