Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
General Landlording & Rental Properties
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 6 years ago on . Most recent reply

User Stats

3
Posts
0
Votes
Beatrice Chis
0
Votes |
3
Posts

best area in Michigan to purchase?

Beatrice Chis
Posted

Looking to purchase a rental property in Michigan, where would the best area be that would bring the greatest cash flow?

Most Popular Reply

User Stats

232
Posts
348
Votes
Art Perkitny
  • Specialist
  • Cleveland, OH
348
Votes |
232
Posts
Art Perkitny
  • Specialist
  • Cleveland, OH
Replied

@Beatrice Chis

The cities with highest cash flow will be places like Detroit or Flint.

The map below shows rent to price ratios for census tracts in Detroit. 

The darker areas signify higher yields.

As you can see, the areas surrounding the urban core will have the greatest returns. 

However, I would caution you on solely basing your investment criteria on high yields.

These location will be great on paper but will almost certainly create problems in practice and cause cash flow to suffer due to the high risk of investing in such places. 

Loading replies...