Heritage Park, Ypsilanti MI - Investment Data

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

Ypsilanti, Michigan • Ann Arbor, MI Metro • 2 ZIPs

3.0/ 5

Investability

Neighborhood average

3.0/ 5

Appreciation

5.2% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

Avg Investability 3.0/5
1-Year Change +1.0%
Neighborhood Value $162,368
Avg ZIP Home Value $289,372
Avg Monthly Rent $1,495
Avg Cap Rate 0.0%
Avg Vacancy 4.3%
⚖️
BALANCED MARKET
Ann Arbor, MI Metro Area
Even conditions for buyers and sellers
35 days
Average time to sell
Average
10.7%
Listings with price cuts
Few Cuts
0.0%
Sale price vs asking
Below Ask
0.0%
Income needed for mortgage
Affordable

📊 How Does Heritage Park Compare?

Metric Heritage Park Ypsilanti Ann Arbor, MI Michigan
Home Value $289,372 $289,372 N/A $253,279
Avg Rent $1,495 $1,495 N/A -
5-Year CAGR N/A 5.2% N/A 6.8%
Cap Rate 0.0% 0.0% - -
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Heritage Park is a neighborhood in Ypsilanti, Michigan. This neighborhood spans 2 ZIP codes, offering investors a range of property types and price points. The current median home value in this neighborhood is $162,368, which has increased by 1.0% over the past year. With average rents around $1,495/month and home values averaging $289,372, investors can evaluate potential cash flow opportunities in this market.

Home Value Trends

ZIP Codes in Heritage Park

ZIP City Home Value Rent Cap Rate Rating Vacancy Match
48197 Ypsilanti $350,679 $1,340 0.0% 3.0 ★ 4.1% City match
48198 Ypsilanti $228,065 $1,650 0.1% 3.0 ★ 4.5% City match

Other Neighborhoods in Ypsilanti

Community Ratings

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