Best ZIP Codes for Cash Flow in Midland, MI (2026)
Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.
| # | ZIP | City | Home value | Rent | Cap rate | 5-yr growth |
|---|---|---|---|---|---|---|
| 1 | 48642 | Midland, MI | $263,854 | $1,639 | 4.84% | 6.8% |
| 2 | 48628 | Hope, MI | $229,005 | $1,305 | 4.44% | 4.1% |
| 3 | 48640 | Midland, MI | $256,062 | $1,207 | 3.68% | 7.1% |
| 4 | 48657 | Sanford, MI | $223,788 | $1,026 | 3.58% | 5.7% |
| 5 | 48618 | Coleman, MI | $207,098 | $927 | 3.49% | 6.4% |
Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →
Same metro, different strategy
Appreciation in Midland, MI · Affordable in Midland, MI
Or see the full Midland, MI metro profile.