ZIP CODE 48180 // DETROIT-WARREN-DEARBORN, MI // DATA AS OF 2026-09-30
Taylor, MI (48180) Rental Property Cap Rate & Cash Flow Report
Located in Wayne County (Taylor, MI), Zip Code 48180 ranks #8 of 500 within this selected sample (99th percentile) with a Zillow ZHVI typical home-value index of $175,458 (+1.0% YoY) and a ZORI observed market rent of $1,518/mo (+0.9% YoY). Cash-flow positive at standard 20% down payment (break-even down payment: 3.9%). This model combines different housing populations; it is not an observed average property return. Costs assume state-average tax, 0.5% annual insurance, 13% reserves and no HOA or management. Figures below follow your edits; this headline describes the original benchmark.
Net Monthly Cash Flow
+$179/mo
Annual: +$2,148/yr
Modeled Cap Rate
7.29%
NOI: $12,795/yr
Cash-on-Cash Return
5.32%
Cash Needed: $40,355
1% Rule Ratio
0.87%
Gross Yield: 10.38%
Break-Even Rent
$1,312/mo
State Tax: 1.24%/yr
INTERACTIVE PRO-FORMA STATEMENT (ZIP 48180 BENCHMARK)
Edit any value
Purchase Price (ZHVI proxy)
Monthly Gross Rent (ZORI proxy)
Down Payment (%)
Interest Rate (30Y Fixed %)
Annual Property Tax (MI Avg 1.24%)
Annual Home Insurance ($)
Monthly HOA Fee ($)
Monthly Debt Service (P&I)
-$887/mo
Monthly Operating Expenses (Tax + Ins + 13% Reserves)
-$452/mo
HISTORICAL ZHVI PRICE VS. ZORI RENT TRAJECTORY (48180)
| Year | ZHVI Value | ZORI Rent | Gross Yield |
|---|---|---|---|
| 2022 | $150,800 | $1,299/mo | 10.34% |
| 2023 | $157,557 | $1,322/mo | 10.07% |
| 2024 | $167,472 | $1,411/mo | 10.11% |
| 2025 | $173,755 | $1,505/mo | 10.39% |
| 2026 | $175,458 | $1,518/mo | 10.38% |
COMPARABLE U.S. RENTAL MARKETS
| Zip / City | Price | Rent | Cap Rate | Cash Flow |
|---|---|---|---|---|
| 48197 Ypsilanti, MI | $342,282 | $1,227/mo | 2.00% | -$1,160/mo |
| 10463 New York, NY | $367,757 | $3,292/mo | 7.45% | +$422/mo |
| 19120 Philadelphia, PA | $166,390 | $1,507/mo | 7.60% | +$212/mo |
| 31907 Columbus, GA | $161,807 | $1,276/mo | 6.90% | +$113/mo |
| 78574 La Homa, TX | $190,121 | $1,592/mo | 6.77% | +$112/mo |
| 78521 Brownsville, TX | $169,028 | $1,609/mo | 7.97% | +$268/mo |