RentalCalcs
ToolsMarket MapMy DealsPricingBlog
Start Free
RentalCalcs

Professional real estate investment calculators to help you analyze deals faster and make confident investment decisions.

Product

  • Tools
  • Market Map
  • Pricing
  • Blog
  • About

Legal

  • Terms of Service
  • Privacy Policy
  • Contact

© 2025 RentalCalcs. All rights reserved.

Market MapAnn Arbor, MI
Metropolitan Area

Ann Arbor, MI

Michigan0
58
/100
Hold
#564 of 894 metros
Top 63% nationally for investing

Market Snapshot

$399,985
Median Home Price
64% above national median
$2,165/mo
Median Rent
56% above national median
6.49%
Rent-to-Price Ratio
Top 40% nationally
-$690
Est. Monthly Cash Flow
With 20% down at 6.9% rate

Price History

Trend based on YoY growth rate. Source: Zillow ZHVI/ZORI

Quick Investment Calculator

20%
5%50%100%

Purchase

Purchase Price$399,985
Down Payment (20%)$79,997
Loan Amount$319,988
Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$2,165
Monthly P&I-$2,097
Est. Expenses (35%)-$758
Net Cash Flow-$690/mo
4.2%
Cap Rate (all cash)
-9.0%
Cash-on-Cash Return
6.49%
Rent-to-Price Ratio
Negative leverage: At 6.85% rates, borrowing costs exceed the 4.2% cap rate. All-cash buyers may see better returns.

* Based on metro-wide median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Individual counties and properties vary significantly.

Run Full AnalysisTry House Hack Strategy

Score Breakdown

Overall Investment Score
58/100
58
Cash Flow(30%)
65/100

Based on 6.49% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)
69/100

Based on 2.0% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)
50/100

Based on 0.0% population growth. Growing areas indicate economic stability.

Affordability(20%)
44/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow metro-level home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. This metro score represents area-wide averages; individual counties may vary significantly.

Investment Outlook

Strengths

  • +Low unemployment (0.0%)

Challenges

  • -Negative cash flow at typical financing (-$690/mo)
  • -Negative leverage (cap rate 4.2% < mortgage rate 6.9%)

Counties in Ann Arbor, MI

County data is being compiled for this metro area.

Compare to Similar Metros

Metro AreaVerdict
Marinette, WI
Marinette, WI
78$194,779Est.Strong BuyView
Peoria, IL
Peoria, IL
78$162,247$1,1458.47%Strong BuyView
Lawton, OK
Lawton, OK
78$148,862$1,0528.48%Strong BuyView
Marion, IN
Marion, IN
78$147,209Est.Strong BuyView
Marietta, OH
Marietta, OH
78$179,217$1,2808.57%Strong BuyView
Current
Ann Arbor, MI
58$399,985$2,1656.49%Hold

The Bottom Line

HoldAnn Arbor, MI is a neutral market. Consider house hacking or targeting below-market deals in specific counties.

The Ann Arbor, MI metro area scores 58/100, ranking #564 of 894 US metros (top 63%). The 6.49% rent-to-price ratio indicates moderate cash flow potential. Current metro-wide averages make traditional buy-and-hold investing challenging. Consider house hacking, value-add strategies, or drilling down to specific counties.

Monthly Cash Flow
$-690/mo
Cap Rate
4.2%
Cash-on-Cash
-10.3%

Ready to Invest in Ann Arbor, MI?

Use our investment calculators to run detailed numbers on specific properties, or explore individual counties for more targeted opportunities.

Single Family1-4 unit rentalsHouse HackOwner-occupiedMultifamily5+ unit properties
Explore Other Markets