2026 State DSCR & Cap-Rate Intelligence Report · Michigan (MI) · dscrloansnevada.com

Michigan (MI) Rental Property DSCR, Tax & Cap-Rate Benchmark Report

Michigan Executive Underwriting Summary: Across 28 tracked Michigan investment markets, 1–4 unit rental properties average $265,000 in acquisition price against $2,150/month in Form 1007 market rent (9.74% gross rental yield) and $1,290/door/month on 5–25 unit multifamily assets. Investors underwriting Michigan DSCR loans must factor a 1.38% effective property tax rate (~$3,657/yr), $520/$100k hazard insurance (~$1,378/yr), and a Non-Judicial (Foreclosure by Advertisement) statutory framework (60–90 days (+ redemption) typical timeline).
1–4u Base Price / Rent
$265,000 / $2,150
Gross Rental Yield
9.74% Annual
Tax & Hazard Escrow
1.38% Tax · $520/100k
Foreclosure & Timeline
Non-Judicial (Foreclosure by Advertisement) (60–90 days (+ redemption))

Michigan City-by-City DSCR, Tax & Multifamily Benchmark Table (28 Markets)

City & CountyPopulation1–4u Median PriceForm 1007 Median RentTax RateCity Desk
Detroit, MI (WAYNE County County)750,684$290,000$2,400/mo1.35%Open Detroit Hub →
Grand Rapids, MI (KENT County County)209,600$295,000$2,350/mo1.44%Open Grand Rapids Hub →
Warren, MI (MACOMB County County)147,012$245,000$2,000/mo1.3%Open Warren Hub →
Sterling Heights, MI (MACOMB County County)143,034$235,000$1,900/mo1.32%Open Sterling Heights Hub →
Ann Arbor, MI (WASHTENAW County County)127,557$275,000$2,200/mo1.41%Open Ann Arbor Hub →
Lansing, MI (INGHAM County County)124,229$240,000$1,950/mo1.38%Open Lansing Hub →
Flint, MI (GENESEE County County)108,742$275,000$2,200/mo1.41%Open Flint Hub →
Dearborn, MI (WAYNE County County)104,514$235,000$1,950/mo1.35%Open Dearborn Hub →
Livonia, MI (WAYNE County County)103,777$250,000$2,000/mo1.32%Open Livonia Hub →
Troy, MI (OAKLAND County County)90,275$250,000$2,000/mo1.32%Open Troy Hub →
Westland, MI (WAYNE County County)90,010$265,000$2,150/mo1.46%Open Westland Hub →
Farmington Hills, MI (Farmington Hills Metro County County)88,612$265,000$2,150/mo1.46%Open Farmington Hills Hub →
Kalamazoo, MI (KALAMAZOO County County)82,347$260,000$2,100/mo1.44%Open Kalamazoo Hub →
Wyoming, MI (KENT County County)80,769$240,000$2,000/mo1.27%Open Wyoming Hub →
Southfield, MI (OAKLAND County County)79,577$275,000$2,200/mo1.41%Open Southfield Hub →
Rochester Hills, MI (Rochester Hills Metro County County)79,518$240,000$2,000/mo1.27%Open Rochester Hills Hub →
Taylor, MI (WAYNE County County)67,381$240,000$2,000/mo1.27%Open Taylor Hub →
St. Clair Shores, MI (St. Clair Shores Metro County County)65,476$235,000$1,950/mo1.35%Open St. Clair Shores Hub →
Pontiac, MI (OAKLAND County County)65,277$245,000$2,000/mo1.3%Open Pontiac Hub →
Royal Oak, MI (OAKLAND County County)64,251$250,000$2,050/mo1.35%Open Royal Oak Hub →
Novi, MI (OAKLAND County County)63,176$265,000$2,150/mo1.49%Open Novi Hub →
Dearborn Heights, MI (WAYNE County County)61,716$275,000$2,200/mo1.41%Open Dearborn Heights Hub →
Battle Creek, MI (CALHOUN County County)56,514$250,000$2,050/mo1.35%Open Battle Creek Hub →
Saginaw, MI (SAGINAW County County)54,830$275,000$2,200/mo1.44%Open Saginaw Hub →
Kentwood, MI (Kentwood Metro County County)54,754$275,000$2,200/mo1.44%Open Kentwood Hub →
East Lansing, MI (INGHAM County County)52,924$265,000$2,150/mo1.49%Open East Lansing Hub →
Roseville, MI (MACOMB County County)51,835$240,000$1,950/mo1.38%Open Roseville Hub →
Portage, MI (KALAMAZOO County County)51,800$240,000$2,000/mo1.27%Open Portage Hub →

Related Michigan Underwriting & Deal Team Hubs

Michigan (MI) 2026 DSCR, Cap Rate & Rental Market Intelligence Report | dscrloansnevada.com