RentYield Atlas

ZIP 48328 — Waterford, MI: rental yield & market data

Gross rental yield of 5.85% — ranked #138 of 214 Michigan ZIP codes. June 2026 data.

Gross rental yield
5.85%
Home value
$261,375
Market rent / mo
$1,274
Price-to-rent
17.1

Trend

Metric1-year change5-year change
Home value+3.6% +22.1%
Market rent

Metro: Detroit-Warren-Dearborn, MI · County: Oakland County · Annual rent: $15,288

Comparable ZIP codes in Michigan

Similar home values, sorted by yield — the cheapest way to see if 48328 is actually the better buy.

ZIPCitySTHome valueRent/moYieldP/RValue 1y
48183WoodhavenMI$261,946$1,9659.00%11.1+3.5%
48642MidlandMI$261,624$1,6377.51%13.3+6.1%
48120DearbornMI$259,195$1,5106.99%14.3+4.8%
48034SouthfieldMI$260,252$1,3836.38%15.7+1.9%
48640MidlandMI$258,657$1,2025.58%17.9+10.1%
49201JacksonMI$258,320$1,1275.23%19.1+3.2%
49441Roosevelt ParkMI$261,289$1,1265.17%19.3+3.5%
48423DavisonMI$264,746$1,0224.63%21.6+6.0%

Top rental yields in all of Michigan →

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