Gross rental yield of 11.63% — ranked #25 of 214 Michigan ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | -5.2% | +0.1% |
| Market rent | +7.5% | — |
Metro: Detroit-Warren-Dearborn, MI · County: Wayne County · Annual rent: $16,080
Similar home values, sorted by yield — the cheapest way to see if 48221 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 48208 | Detroit | MI | $137,606 | $1,443 | 12.58% | 7.9 | -11.5% |
| 48089 | Warren | MI | $132,189 | $1,300 | 11.80% | 8.5 | +1.8% |
| 48340 | Pontiac | MI | $143,979 | $1,270 | 10.58% | 9.5 | +3.8% |
| 48912 | Lansing | MI | $142,006 | $1,250 | 10.56% | 9.5 | -1.1% |
| 48708 | Bay City | MI | $140,329 | $1,179 | 10.08% | 9.9 | +7.0% |
| 49037 | Battle Creek | MI | $134,592 | $1,040 | 9.27% | 10.8 | +5.5% |
| 49202 | Jackson | MI | $141,332 | $1,056 | 8.97% | 11.2 | +4.0% |
| 48122 | Melvindale | MI | $144,214 | $1,078 | 8.97% | 11.2 | +1.8% |
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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