Real Estate Investing in Commerce Township, Michigan (48382)
Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.
Should you buy in 48382 (Commerce Township, 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 Commerce Township, MI (48382)?
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Market Analysis: 48382 Commerce Township
This part of Oakland County is not an easy win. The 48382 ZIP records softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 48382 can be a worth a close look for hunting ground — but the discount at $471K reflects genuine risk that outside investors often underestimate.
Within MI, ZIP 48382 trails on several market indicators that neighboring Oakland County submarkets outperform. The gap is real and robust enough to shape underwriting.
Resident income in 48382 sits below the county median. That reality colors rent collection, vacancy, and reinvestment math in ways that outside investors often underestimate.
The right play in 48382 usually involves deep tenant screening, aggressive delinquency response, and a conservative capex buffer. Anything less, and the discount can turn into a trap.
Here's what matters if you're considering buying a home in Commerce Township:
Property Strategy for 48382
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 2BR | $272,017 | $2,010 | 5.3% | +7.0% | $136,008 |
| 3BR | $371,627 | $2,460 | 4.8% | +6.5% | $123,876 |
| 4BR | $543,934 | $2,660 | 3.5% | +6.3% | $135,984 |
| 5BR | $658,789 | — | — | +6.4% | $131,758 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 48382 Compare?
| Metric | 48382 | Commerce Township | Detroit-Warren-Dearborn, MI | Michigan |
|---|---|---|---|---|
| Home Value | $471,044 | $393,644 | N/A | $253,279 |
| 5-Year CAGR | 4.9% | 4.6% | N/A | 6.8% |
| Avg Rent | $2,282 | $2,266 | N/A | - |
| Cap Rate | 3.8% | 4.7% | - | - |
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 48382 (Commerce Township, MI). Anonymous, moderated, never written by AI.
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📊 Market Snapshot
| Home Value | $471,044 |
| Monthly Rent | $2,282 |
| Price-to-Rent | 17.2:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 5.8% |
| Cap Rate | 3.8% |
| 5-Year IRR | 8.7% |
📈 Home Appreciation
| 1-Year | +5.7% ▲ |
| 3-Year CAGR | +4.4% ▲ |
| 5-Year CAGR | +4.9% ▲ |
| 10-Year CAGR | +5.5% ▲ |
🏠 Rent Trends
| 1-Year | N/A |
| 3-Year CAGR | N/A |
| 5-Year CAGR | N/A |
The current 30-yr mortgage rate (6.8%) exceeds the estimated cap rate (3.8%). 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 48382
Population: 23,550
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 48382
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 789 students living off-campus nearby, this area has strong rental demand from the college population.
Frequently Asked Questions
What are rental rates like in Commerce Township, MI?
Expect rents around $2,282/mo per month in Commerce Township, MI. With home values at $471K, the yield math works out to reasonable levels for rental investors.
Is rental property easy to operate in Commerce Township, MI?
Commerce Township, MI falls under MI landlord-tenant law, which is landlord-friendly. That backdrop makes day-to-day property management reasonable.
Is Commerce Township, MI a good market for buy-and-hold investors?
The 3.0/5 investability rating in Commerce Township, MI reflects its $471K prices and $2,282/mo rents. Investors generally consider it a solid option within MI.
What kind of vacancy should I budget for in Commerce Township, MI?
Commerce Township, MI carries elevated vacancy risk. Expect stable absorption at market rents of $2,282/mo.
Which investment style suits Commerce Township, MI?
For Commerce Township, MI, careful cash-flow rentals with hands-on management is the standard investor playbook. The market structure makes it a reasonable default approach.
You know 48382 now. You don’t know where it ranks.
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How 48382 ranks in Detroit-Warren-Dearborn, MI
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