Gross rental yield of 7.51% — ranked #75 of 214 Michigan ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +6.1% | +30.8% |
| Market rent | +4.0% | — |
Metro: Midland, MI · County: Midland County · Annual rent: $19,644
Similar home values, sorted by yield — the cheapest way to see if 48642 is actually the better buy.
| ZIP | City | ST | Home value | Rent/mo | Yield | P/R | Value 1y |
|---|---|---|---|---|---|---|---|
| 48183 | Woodhaven | MI | $261,946 | $1,965 | 9.00% | 11.1 | +3.5% |
| 48120 | Dearborn | MI | $259,195 | $1,510 | 6.99% | 14.3 | +4.8% |
| 48034 | Southfield | MI | $260,252 | $1,383 | 6.38% | 15.7 | +1.9% |
| 48328 | Waterford | MI | $261,375 | $1,274 | 5.85% | 17.1 | +3.6% |
| 48640 | Midland | MI | $258,657 | $1,202 | 5.58% | 17.9 | +10.1% |
| 49201 | Jackson | MI | $258,320 | $1,127 | 5.23% | 19.1 | +3.2% |
| 49441 | Roosevelt Park | MI | $261,289 | $1,126 | 5.17% | 19.3 | +3.5% |
| 48423 | Davison | MI | $264,746 | $1,022 | 4.63% | 21.6 | +6.0% |
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