Gross rental yield of 12.4% — ranked #20 of 214 Michigan ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -9.1% | -11.1% |
| Market rent | +2.6% | — |
Metro: Detroit-Warren-Dearborn, MI · County: Wayne County · Annual rent: $23,292
Similar home values, sorted by yield — the cheapest way to see if 48216 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 48239 | Redford | MI | $181,631 | $1,598 | 10.55% | 9.5 | +2.1% |
| 48180 | Taylor | MI | $182,178 | $1,482 | 9.76% | 10.2 | +2.2% |
| 48202 | Detroit | MI | $180,288 | $1,335 | 8.88% | 11.3 | -15.4% |
| 49444 | Norton Shores | MI | $193,350 | $1,393 | 8.64% | 11.6 | +4.2% |
| 48043 | Mount Clemens | MI | $179,489 | $1,247 | 8.34% | 12.0 | +2.4% |
| 49442 | Muskegon | MI | $184,750 | $1,226 | 7.97% | 12.6 | +3.1% |
| 48192 | Wyandotte | MI | $193,334 | $1,206 | 7.49% | 13.4 | +1.8% |
| 49017 | Battle Creek | MI | $191,271 | $1,033 | 6.48% | 15.4 | +3.0% |
Top rental yields in all of Michigan →
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