State report

Real Estate Investing in Michigan

3 Michigan metros covered, ranked by the MDR investor score. Average gross rent yield: 12.04%. Average YoY: +0.8%.

Tenancy
landlord-friendly
Foreclosure
non-judicial, ~6 months redemption period
Assignment
permitted
Income tax
state income tax 4.25%
All markets

Michigan ranked by MDR investor score.

# Market Median YoY Yield Score
01 Detroit $76k -3.9% 20.99% 90
02 Lansing $166k +3.3% 8.79% 70
03 Grand Rapids $310k +2.9% 6.34% 62
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FAQ

Investing in Michigan.

Is Michigan a good state for real estate investing in 2026?

Across the 3 Michigan markets we cover, average gross rent yield is 12.04% and average YoY appreciation is +0.8%. Landlord-friendly tenancy posture, foreclosure timeline ~6 months redemption period, state income tax 4.25%. Detroit is our top-scoring Michigan market at 90/100.

What are Michigan's landlord-tenant laws like?

Michigan is landlord-friendly. The foreclosure process is non-judicial, ~6 months redemption period. state income tax 4.25%.

Is wholesaling legal in Michigan?

Wholesale assignment is permitted in Michigan. Always confirm current disclosure and licensing requirements with a local attorney before structuring deals.

What is the best city to invest in in Michigan?

Based on our composite investor score, Detroit scores highest among Michigan markets at 90/100. Median home value $76,488 with 20.99% gross rent yield.

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