Detroit-Warren-Dearborn, MI · Michigan

Oakland County

ZIP 48073

1.3M residents2,236 permits TTM$95,296 median HHI68 ZIP codesUpdated April 16, 2026
Investor first look

Median home value

$320,400

ACS 5-Year

Cap rate proxy

5.3%

FMR × 0.65 ÷ Home Value

Rent-to-income

16.6%

HUD FMR ÷ ACS HHI

Net migration

+2.09%

IRS SOI

Permits (TTM)

2,236

Census BPS

Climate risk

97.5

FEMA NRI (0–100)

ZIP 48073

Median home value

$314,752

Gross yield

6.2%

Cap rate

6.7%

Rent gap

-8.3%

Affordability

P/I: 3.3R/I: 22.1%

Section 8 detail

SAFMR: $1,620Rent: $1,319Gap: 22.8%
ZIP code breakdown68 ZIP codes
ZIPMedian home valueRent (FMR 2BR)Gross yieldCap rateRent gap
48030$152,311$1,50011.8%11.5%2.3%
48329$282,170$1,7207.3%5.6%23.3%
48237$227,532$1,6608.8%7.8%11.1%
48075$231,345$1,6008.3%8.3%0.3%
48341$144,692$1,1209.3%10.5%-12.6%

Ranked by composite score

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Demographics

Owner-occupied

72.3%

Census ACS

Vacancy rate

5.3%

Census ACS

Bachelor's degree +

50.2%

Census ACS

Rent burdened

41.4%

Census ACS (>30% income)

Median age

41.2

Census ACS

Data sources
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026