Gross rental yield of 7.24% — ranked #89 of 214 Michigan ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +1.5% | +18.2% |
| Market rent | +1.3% | — |
Metro: Detroit-Warren-Dearborn, MI · County: Oakland County · Annual rent: $17,340
Similar home values, sorted by yield — the cheapest way to see if 48237 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% |
| 48124 | Dearborn | MI | $244,355 | $1,702 | 8.36% | 12.0 | +4.1% |
| 48075 | Southfield | MI | $242,679 | $1,684 | 8.33% | 12.0 | +1.3% |
| 48082 | Saint Clair Shores | MI | $233,948 | $1,548 | 7.94% | 12.6 | +3.5% |
| 49507 | Grand Rapids | MI | $246,490 | $1,536 | 7.48% | 13.4 | +1.6% |
| 48162 | Monroe | MI | $242,624 | $1,211 | 5.99% | 16.7 | +5.8% |
| 48603 | Saginaw | MI | $234,142 | $1,147 | 5.88% | 17.0 | +5.9% |
| 48858 | Mount Pleasant | MI | $232,467 | $1,010 | 5.21% | 19.2 | +6.5% |
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.
Instant download after checkout · what's inside