Gross rental yield of 13.87% — ranked #17 of 214 Michigan ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +5.3% | +27.1% |
| Market rent | +11.4% | — |
Metro: Saginaw, MI · County: Saginaw County · Annual rent: $11,880
Similar home values, sorted by yield — the cheapest way to see if 48602 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 48224 | Detroit | MI | $82,100 | $1,339 | 19.57% | 5.1 | -6.3% |
| 48219 | Detroit | MI | $91,374 | $1,315 | 17.27% | 5.8 | +1.2% |
| 48206 | Detroit | MI | $90,762 | $1,252 | 16.55% | 6.0 | -13.7% |
| 48215 | Detroit | MI | $96,807 | $1,325 | 16.42% | 6.1 | -8.4% |
| 48235 | Detroit | MI | $94,879 | $1,288 | 16.28% | 6.1 | -2.5% |
| 48223 | Detroit | MI | $90,091 | $1,174 | 15.63% | 6.4 | -0.4% |
| 48503 | Flint | MI | $70,743 | $893 | 15.15% | 6.6 | +3.0% |
| 48209 | Detroit | MI | $91,560 | $938 | 12.30% | 8.1 | -0.6% |
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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