Real Estate Investing in Plymouth, Michigan (48170)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 48170 (Plymouth, MI)? Our answer, based on the numbers below.
Mixed signals — some positives, some negatives. Worth considering but not a slam-dunk.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
No major risk flags on the data we track.
What’s happening in Plymouth, MI (48170)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 48170 Plymouth
The 48170 ZIP in Plymouth, MI is a local-operator market. Outside capital chasing a $488K entry has to pair deep knowledge with the discount.
If the plan assumes clean turnover, on-time rent, and low maintenance on a $488K asset, 48170 is the wrong submarket. If the plan prices in friction, the yield can still work.
In the broader MI picture, 48170 is a reminder that not every low-priced ZIP is a value-add opportunity — some are simply distressed, and the difference matters.
On the rental side, 40,573 residents fill the ZIP, renter turnover runs higher than neighboring postal codes and delinquency risk is a real line item rather than a theoretical one.
The 48170 ZIP fits a narrow investor profile — hands-on, patient, and willing to accept that the cap rate on paper is not the cap rate in reality.
Here's what matters if you're considering buying a home in Plymouth:
Property Strategy for 48170
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $158,401 | $1,160 | 5.3% | -1.0% | $158,401 |
| 2BR | $300,820 | $1,460 | 3.5% | +6.0% | $150,410 |
| 3BR | $433,138 | $1,780 | 3.0% | +6.4% | $144,379 |
| 4BR | $623,066 | $1,930 | 2.2% | +7.3% | $155,767 |
| 5BR | $740,274 | — | — | +7.5% | $148,055 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 48170 Compare?
| Metric | 48170 | Plymouth | Detroit-Warren-Dearborn, MI | Michigan |
|---|---|---|---|---|
| Home Value | $487,719 | $487,719 | N/A | $253,279 |
| 5-Year CAGR | 5.4% | 5.4% | N/A | 6.8% |
| Avg Rent | $1,870 | $1,870 | N/A | - |
| Cap Rate | 3.0% | 3.0% | - | - |
Similar ZIPs Within 25 Miles
Compare other nearby markets to see if a neighbor offers a better fit.
Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 48170 (Plymouth, MI). Anonymous, moderated, never written by AI.
Do you own or manage rentals in ZIP 48170 (Plymouth, MI)?
~25 seconds · no account needed · your report is anonymous
Property managers serving Wayne County
Manage rentals here? List your business →Metro Detroit Property Management manages and maintains properties with high standards, committed to the success of real estate investments in the Metro Detroit area. 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
Premier Property Services offers real estate services in Detroit, Fort Lauderdale, and Grosse Pointe Woods. 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 | $487,719 |
| Monthly Rent | $1,870 |
| Price-to-Rent | 21.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 4.6% |
| Cap Rate | 3.0% |
| 5-Year IRR | 8.4% |
📈 Home Appreciation
| 1-Year | +7.0% ▲ |
| 3-Year CAGR | +5.5% ▲ |
| 5-Year CAGR | +5.4% ▲ |
| 10-Year CAGR | +5.2% ▲ |
🏠 Rent Trends
| 1-Year | +5.8% ▲ |
| 3-Year CAGR | +6.2% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.0%). 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 48170
Population: 40,573
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 48170
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 5,839 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
How strong is Plymouth, MI for real estate investors?
Plymouth, MI rates 3.0/5 for investability. With median values at $488K and rents near $1,870/mo, the market offers reasonable fundamentals for rental investors.
Are homes affordable in Plymouth, MI?
Plymouth, MI home values average about $488K. That price point suits investors targeting rentals with $1,870/mo in monthly income.
What type of investing works in Plymouth, MI?
Investors usually favor careful cash-flow rentals with hands-on management in Plymouth, MI. With home values at $488K and rents near $1,870/mo, other strategies can work but produce steady rather than outsized returns.
How strict are landlord regulations in Plymouth, MI?
Plymouth, MI operates under MI law, which is landlord-friendly overall for landlords. Expect measured treatment in typical lease and eviction cases.
What are rental rates like in Plymouth, MI?
Rental rates in Plymouth, MI average $1,870/mo. Tenant demand and $488K home values make the yield look reasonable by investor standards.
You know 48170 now. You don’t know where it ranks.
This page stays free — all of it. What one page can’t tell you is how 48170 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 48170 ranks in Detroit-Warren-Dearborn, MI
Every ZIP in this metro, ranked. Free.
AI Market Advisor
Ask questions about investing in 48170 (Plymouth)
Community Ratings
What people who’ve spent time here actually say. Not paid reviews.
Be the first to rate 48170 (Plymouth, MI).
It takes 30 seconds. No signup. Your rating helps everyone who comes here after you.