Real Estate Investing in Ray, Michigan

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

1 ZIP codes • Population: 3,779 • Macomb County

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

🏠 For Homebuyers
GOOD FIT
Grade B (77/100)

Solid choice — values are growing steadily and the market is stable enough to buy with confidence.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
CLEAN

No major risk flags on the data we track.

What’s happening in Ray, MI?

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3.0/ 5

Investability

Citywide average

4.0/ 5

Appreciation

7.4% 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 $437,204
Avg Monthly Rent $1,332
ZIP Codes 1

Investing in Ray Real Estate

Ray in Michigan is one of the markets where the numbers warn before they reward — 1 ZIPs, a sizable population, and a rating that reflects material risk.

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

Rent trends and price trends in Ray are both soft, which is the uncomfortable combination that defines distressed-leaning markets in Michigan.

The 0% renter share in Ray masks uneven tenant quality across ZIPs, and $N/AK median income leaves little cushion against economic shocks.

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 Macomb County

Manage rentals here? List your business →

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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Key 3 Property Management Group offers property management services in Michigan. summary from their website

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Michigan Property Management Solutions offers homes for rent in Michigan, near Macomb Twp., Fraser, Utica, Clinton Valley, and Detroit. 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
$437,204
Avg Monthly Rent
$1,332
1% Rule
✗ Below
Landlord Friendly (MI)

ZIP Codes in Ray, MI

Screen every ZIP in Ray

Filter Ray’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 Ray, MI

How expensive is real estate in Ray, MI?

In Ray, MI the median home value sits at $437K. Against the broader MI market, that reads as reasonable for most investors.

Can I house hack in Ray, MI?

House hacking in Ray, MI is a challenging. With home values around $437K and rents at $1,332/mo, owner-occupants can offset a meaningful share of PITI.

What is the tenant pool like in Ray, MI?

Working renters make up the core of the Ray, MI tenant base. The pool is reasonable for investors targeting long-term holds.

How strong are rents in Ray, MI?

Expect rents around $1,332/mo per month in Ray, MI. With home values at $437K, the yield math works out to reasonable levels for rental investors.

Is Ray, MI a friendly market for rental owners?

Rental owners in Ray, MI deal with a landlord-friendly legal framework. Most standard eviction processes run on reasonable timelines.

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