Real Estate Investing in Roseville, Michigan (48066)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 48066 (Roseville, MI)? Our answer, based on the numbers below.
Solid choice — stable market with a reasonable entry point and good rental backup if you ever need to move.
A cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Roseville, MI (48066)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 48066 Roseville
ZIP 48066 inside Macomb County looks affordable on the surface — median value of $176K — but the discount exists for reasons that a careful buyer should understand before committing.
Rent of $1,278/mo on a $176K basis reads well until vacancy, delinquency, and capex enter the model. The honest cap rate in 48066 sits below the stated 0.0% once reality is priced in.
ZIP 48066's metrics run below Macomb County's averages on price growth and tenant stability. Investors who ignore that regional gap tend to relearn it the hard way.
Who lives in 48066 is part of why the ZIP is priced as it is. The demographic profile requires hands-on management, tight screening, and local knowledge.
Experienced landlords with local relationships tend to find 48066 workable. Turnkey investors from out of state usually find the numbers do not hold up in practice.
Here's what matters if you're considering buying a home in Roseville:
Property Strategy for 48066
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $64,212 | $1,140 | 12.8% | +5.2% | $64,212 |
| 2BR | $119,909 | $1,430 | 8.6% | +7.4% | $59,954 |
| 3BR | $175,109 | $1,750 | 7.2% | +7.3% | $58,370 |
| 4BR | $194,199 | $1,890 | 7.0% | +7.0% | $48,550 |
| 5BR | $214,198 | — | — | +6.9% | $42,840 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 48066 Compare?
| Metric | 48066 | Roseville | Detroit-Warren-Dearborn, MI | Michigan |
|---|---|---|---|---|
| Home Value | $175,942 | $175,942 | N/A | $253,279 |
| 5-Year CAGR | 4.8% | 4.8% | N/A | 6.8% |
| Avg Rent | $1,278 | $1,278 | N/A | - |
| Cap Rate | 5.7% | 5.7% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 48066 (Roseville, MI). Anonymous, moderated, never written by AI.
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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
Key 3 Property Management Group offers property management services in Michigan. summary from their website
Michigan Property Management Solutions offers homes for rent in Michigan, near Macomb Twp., Fraser, Utica, Clinton Valley, and Detroit. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $175,942 |
| Monthly Rent | $1,278 |
| Price-to-Rent | 11.5:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 8.7% |
| Cap Rate | 5.7% |
| 5-Year IRR | 10.5% |
📈 Home Appreciation
| 1-Year | +6.5% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +4.8% ▲ |
| 10-Year CAGR | +9.3% ▲ |
🏠 Rent Trends
| 1-Year | -0.1% ▼ |
| 3-Year CAGR | +3.3% ▲ |
| 5-Year CAGR | +4.5% ▲ |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (5.7%). Financing reduces your cash-on-cash return below the cap rate. Markets like this may still make sense as IRR plays — factoring in appreciation, depreciation, and a future refinance when rates drop.
Run an IRR Analysis →⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 48066
Population: 47,240
Crime & Safety
Crime & Safety Data Coming Soon
We're integrating comprehensive crime statistics including violent crime rates, property crime, and safety scores to help you make informed investment decisions.
Expected: Q1 2025
🎓 Schools in 48066
Schools in This ZIP Code
About Repit School Scores
Traditional school ratings rely heavily on standardized test scores, which often reflect family income more than school quality. Repit takes a different approach.
We evaluate schools based on factors that research shows actually impact educational outcomes:
- Class Size — Smaller classes mean more individual attention
- School Funding — Resources available for programs, staff, and facilities
- Community Factors — Neighborhood characteristics that influence student success
- School Environment — Size, type, and structure
Scores are updated annually using federal education data.
🎓 Nearby Colleges & Universities
Investor Insight: With 4,762 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How much does a house cost in Roseville, MI?
The median home value in Roseville, MI is roughly $176K. That puts it reasonable relative to the MI statewide average.
What is the tenant pool like in Roseville, MI?
Roseville, MI draws a stable base of working renters. Demand at the $1,278/mo rent level is reasonable for standard single-family and small multi rentals.
What is it like being a landlord in Roseville, MI?
The landlord environment in Roseville, MI is landlord-friendly. Statewide rules shape most day-to-day operations for rental owners.
Is Roseville, MI good for house hacking?
Roseville, MI is a a challenging market for house hackers. FHA or conventional owner-occupant buyers find the $176K price point reasonable to enter.
What is the best play in Roseville, MI?
Investors who focus on careful cash-flow rentals with hands-on management typically do well in Roseville, MI. The numbers - $176K homes against $1,278/mo rents - support that play.
You know 48066 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 48066 compares to every other market. Investor ($19/mo) screens every U.S. ZIP by cap rate, the 1% rule, vacancy and landlord climate, and exports your shortlist.
How 48066 ranks in Detroit-Warren-Dearborn, MI
Every ZIP in this metro, ranked. Free.
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