Gross rental yield of 6.24% — ranked #116 of 214 Michigan ZIP codes. June 2026 data.
| Metric | 1-year change | 5-year change |
|---|---|---|
| Home value | +3.3% | +32.4% |
| Market rent | — | — |
Metro: Grand Rapids-Kentwood, MI · County: Kent County · Annual rent: $16,704
Similar home values, sorted by yield — the cheapest way to see if 49509 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% |
| 48642 | Midland | MI | $261,624 | $1,637 | 7.51% | 13.3 | +6.1% |
| 48446 | Lapeer | MI | $268,787 | $1,440 | 6.43% | 15.6 | +4.2% |
| 48917 | Lansing | MI | $268,195 | $1,393 | 6.23% | 16.0 | +1.5% |
| 48127 | Dearborn Heights | MI | $269,711 | $1,359 | 6.04% | 16.5 | +4.2% |
| 48045 | Harrison Township | MI | $265,164 | $1,254 | 5.67% | 17.6 | -2.9% |
| 48036 | Clinton Township | MI | $268,480 | $1,158 | 5.18% | 19.3 | +3.0% |
| 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.
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