Real Estate Investing in Hazel Park, Michigan

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1 ZIP codes • Population: 14,945 • Oakland County

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Should you buy in Hazel Park, MI? Our answer, based on the numbers below.

🏠 For Homebuyers
GOOD FIT
Grade B (79/100)

Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.

📈 For Investors
MIXED
3.0 / 5 (57/100)

A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

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3.0/ 5

Investability

Citywide average

2.0/ 5

Appreciation

2.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $160,615
Avg Monthly Rent $1,514
ZIP Codes 1

Investing in Hazel Park Real Estate

Hazel Park, MI covers 1 ZIP codes and a population but the investment metrics here are underwhelming — this is not a market to enter casually.

Investors considering Hazel Park, MI should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

The $1,514/mo / $161K relationship in Hazel Park looks thin once vacancy and capex are incorporated into underwriting. trends toward the realized yield tends to disappoint.

A an established population with $N/AK household income profile is what makes Hazel Park a challenging rental market — the tenant base is present, but the affordability math is tight.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Best ZIP codes in Detroit-Warren-Dearborn, MI

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Cash Flow → Appreciation → Affordable → 1% Rule →

Landlord Ground Truth

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Property managers serving Oakland County

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Symmetry Management specializes in commercial real estate management. summary from their website

Commercial
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Beacon Management offers property management services for various communities and properties across Michigan, including Ann Arbor, Auburn Hills, Bloomfield Hills, Canton, and Southfield. summary from their website

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Great Day Realty is a real estate company. summary from their website

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Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.

Avg Home Value
$160,615
Avg Monthly Rent
$1,514
1% Rule
✗ Below
Landlord Friendly (MI)

ZIP Codes in Hazel Park, MI

Screen every ZIP in Hazel Park

Filter Hazel Park’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Hazel Park, MI

Is Hazel Park, MI a smart market for rental property?

The 3.0/5 investability rating in Hazel Park, MI reflects its $161K prices and $1,514/mo rents. Investors generally consider it a solid option within MI.

Should investors worry about vacancy in Hazel Park, MI?

Vacancy in Hazel Park, MI is elevated, which keeps landlord downtime on reasonable timelines. Most properties lease within the standard window at $1,514/mo.

Where do rents currently stand in Hazel Park, MI?

The typical rental in Hazel Park, MI commands about $1,514/mo monthly. That rent profile even-keeled cash flow against the $161K purchase basis.

What is it like being a landlord in Hazel Park, MI?

MI law landlord-friendly for landlords, and Hazel Park inherits those rules. Investors should still review local ordinances for rental licensing.

How qualified is the tenant pool in Hazel Park, MI?

Expect a solid tenant pool in Hazel Park, MI. The rental market absorbs $1,514/mo rents without meaningful friction.

Community Ratings

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