RentYield Atlas

ZIP 48220 — Ferndale, MI: rental yield & market data

Gross rental yield of 8.36% — ranked #58 of 214 Michigan ZIP codes. June 2026 data.

Gross rental yield
8.36%
Home value
$252,175
Market rent / mo
$1,756
Price-to-rent
12.0

Trend

Metric1-year change5-year change
Home value-1.2% +11.4%
Market rent+3.7% +26.3%

Metro: Detroit-Warren-Dearborn, MI · County: Oakland County · Annual rent: $21,072

Comparable ZIP codes in Michigan

Similar home values, sorted by yield — the cheapest way to see if 48220 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
48088WarrenMI$248,071$1,6658.05%12.4+2.8%
49507Grand RapidsMI$246,490$1,5367.48%13.4+1.6%
48092WarrenMI$248,386$1,4316.91%14.5-0.8%
49006KalamazooMI$248,080$1,4046.79%14.7+5.9%
49008KalamazooMI$253,348$1,2255.80%17.2+4.0%
48473Swartz CreekMI$256,694$1,2225.71%17.5+5.3%
48640MidlandMI$258,657$1,2025.58%17.9+10.1%
49201JacksonMI$258,320$1,1275.23%19.1+3.2%

Top rental yields in all of Michigan →

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