In Q1 2026, Michigan (MI) 1–4 unit investment properties trade at a median acquisition price of $265,000 with Form 1007 market rent of $2,150/mo (9.74% gross rental yield) and 5+ unit multifamily rent of $1,290/door. Lenders underwrite Michigan escrows at a 1.38% average property tax rate and $520/$100K landlord hazard insurance under a Non-Judicial (Foreclosure by Advertisement) statutory regime (60–90 days (+ redemption) days).
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