Gross rental yield of 10.58% — ranked #36 of 214 Michigan ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +3.8% | +25.5% |
| Market rent | +2.0% | — |
Metro: Detroit-Warren-Dearborn, MI · County: Oakland County · Annual rent: $15,240
Similar home values, sorted by yield — the cheapest way to see if 48340 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% |
| 48221 | Detroit | MI | $138,244 | $1,340 | 11.63% | 8.6 | -5.2% |
| 48207 | Detroit | MI | $148,264 | $1,370 | 11.09% | 9.0 | -10.0% |
| 48912 | Lansing | MI | $142,006 | $1,250 | 10.56% | 9.5 | -1.1% |
| 48910 | Lansing | MI | $148,282 | $1,298 | 10.50% | 9.5 | +3.2% |
| 48708 | Bay City | MI | $140,329 | $1,179 | 10.08% | 9.9 | +7.0% |
| 48122 | Melvindale | MI | $144,214 | $1,078 | 8.97% | 11.2 | +1.8% |
| 49202 | Jackson | MI | $141,332 | $1,056 | 8.97% | 11.2 | +4.0% |
Top rental yields in all of Michigan →
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