Real Estate Investing in Farmington Hills, Michigan (48336)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 48336 (Farmington Hills, 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 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 Farmington Hills, MI (48336)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 48336 Farmington Hills
ZIP 48336 inside Oakland County looks affordable on the surface — median value of $308K — but the discount exists for reasons that a careful buyer should understand before committing.
On the rental side, the numbers look inviting — $308K purchase price, 0.0% nominal cap — the work to hit that pro forma in 48336 is substantial and deserves full respect.
Turning to rents, 48336 offers a low basis, the region around Farmington Hills has moved on in ways that the ZIP itself has not fully absorbed. The result is a discount with genuine reasons.
A resilient renter share of 29% in 48336 is not, on its own, a problem — but paired with below-average income and high mobility, it changes the operating playbook.
Experienced landlords with local relationships tend to find 48336 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 Farmington Hills:
Property Strategy for 48336
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $101,090 | $1,090 | 7.8% | +7.8% | $101,090 |
| 2BR | $191,618 | $1,370 | 5.1% | +6.1% | $95,809 |
| 3BR | $292,395 | $1,670 | 4.1% | +6.6% | $97,465 |
| 4BR | $380,527 | $1,810 | 3.4% | +6.4% | $95,132 |
| 5BR | $429,019 | — | — | +6.2% | $85,804 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 48336 Compare?
| Metric | 48336 | Farmington Hills | Detroit-Warren-Dearborn, MI | Michigan |
|---|---|---|---|---|
| Home Value | $308,478 | $378,807 | N/A | $253,279 |
| 5-Year CAGR | 4.9% | 4.9% | N/A | 6.8% |
| Avg Rent | $1,568 | $1,659 | N/A | - |
| Cap Rate | 4.0% | 3.5% | - | - |
Similar ZIPs Within 25 Miles
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Landlord Ground Truth
Real numbers from people who own or manage rentals in ZIP 48336 (Farmington Hills, MI). Anonymous, moderated, never written by AI.
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Property managers serving Oakland County
Manage rentals here? List your business →Symmetry Management specializes in commercial real estate management. summary from their website
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
Great Day Realty is a real estate company. 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 | $308,478 |
| Monthly Rent | $1,568 |
| Price-to-Rent | 16.4:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 6.1% |
| Cap Rate | 4.0% |
| 5-Year IRR | 8.9% |
📈 Home Appreciation
| 1-Year | +5.6% ▲ |
| 3-Year CAGR | +4.7% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +6.6% ▲ |
🏠 Rent Trends
| 1-Year | +2.0% ▲ |
| 3-Year CAGR | +3.8% ▲ |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (4.0%). 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 48336
Population: 26,920
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 48336
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Coolidge Elementary School
Kenbrook Elementary School
Power Middle School
Warner Middle School
Beechview Elementary School
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 789 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
Should investors consider Farmington Hills, MI?
The 3.0/5 investability rating in Farmington Hills, MI reflects its $308K prices and $1,568/mo rents. Investors generally consider it a solid option within MI.
What do landlords charge for rent in Farmington Hills, MI?
Rent in Farmington Hills, MI is around $1,568/mo. The resulting rent-to-value relationship with $308K pricing is reasonable for most investor models.
Is house hacking profitable in Farmington Hills, MI?
House hacking in Farmington Hills, MI is reasonable to execute. Prices around $308K and rents of $1,568/mo solid owner-occupant economics.
How much does a house cost in Farmington Hills, MI?
In Farmington Hills, MI the median home value sits at $308K. Against the broader MI market, that reads as reasonable for most investors.
Are there empty rentals in Farmington Hills, MI?
Farmington Hills, MI sees elevated vacancy, which is reasonable relative to the broader MI rental market.
You know 48336 now. You don’t know where it ranks.
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How 48336 ranks in Detroit-Warren-Dearborn, MI
Every ZIP in this metro, ranked. Free.
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