Real Estate Investing in Hazel Park, Michigan (48030)
Should you buy in 48030 (Hazel Park, 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 cash-flow market — rent-to-price math works from day one, though value growth is modest. Great for income-focused investors.
No major risk flags on the data we track.
What’s happening in Hazel Park, MI (48030)?
Click any question — our AI will research it live from the web and show you sources.
Market Analysis: 48030 Hazel Park
This part of Oakland County is not an easy win. The 48030 ZIP clocks in at softness in key indicators, and the playbook that works in cleaner markets often stalls here.
For an experienced owner, 48030 can be a a credible choice for hunting ground — but the discount at $160K reflects genuine risk that outside investors often underestimate.
Nearby ZIPs in Hazel Park have seen price recovery that 48030 has not matched. Oakland County data supports the view that the spread is structural rather than temporary.
Demographically, 48030 is a market where tenant selection matters more than unit finishes. Operators who understand that tend to do fine; those who do not tend to learn why the ZIP trades at a discount.
New investors are better served looking at Hazel Park's stable or hybrid ZIPs before stepping into 48030. The learning curve here is expensive when the lesson is wrong.
Here's what matters if you're considering buying a home in Hazel Park:
Property Strategy for 48030
Which property type performs best in this market?
📊 Compare All Property Types →
| Type | Median Value | Est. Rent | Cap Rate | 5yr CAGR | $/Bedroom |
|---|---|---|---|---|---|
| 1BR | $109,454 | $1,190 | 7.8% | +3.1% | $109,454 |
| 2BR | $136,144 | $1,500 | 7.9% | +6.1% | $68,072 |
| 3BR | $167,904 | $1,830 | 7.8% | +5.8% | $55,968 |
| 4BR | $184,747 | $1,990 | 7.8% | +6.0% | $46,187 |
| 5BR | $207,312 | — | — | +6.8% | $41,462 |
Market Trends
Home Value History (with trend line)
Rent History (with trend line)
📊 How Does 48030 Compare?
| Metric | 48030 | Hazel Park | Detroit-Warren-Dearborn, MI | Michigan |
|---|---|---|---|---|
| Home Value | $159,906 | $159,906 | N/A | $253,279 |
| 5-Year CAGR | 3.3% | 3.3% | N/A | 6.8% |
| Avg Rent | $1,526 | $1,526 | N/A | - |
| Cap Rate | 7.4% | 7.4% | - | - |
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 48030 (Hazel Park, MI). Anonymous, moderated, never written by AI.
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Property managers serving Oakland County
Manage rentals here? List your business →Symmetry Management specializes in commercial real estate management. summary from their website
Beacon Management offers property management services for various communities and properties across Michigan, including Ann Arbor, Auburn Hills, Bloomfield Hills, Canton, and Southfield. summary from their website
Great Day Realty is a real estate company. summary from their website
Listings are shown for convenience — Repit doesn’t endorse or vet these companies. Ratings shown come only from email-verified visitors.
📊 Market Snapshot
| Home Value | $159,906 |
| Monthly Rent | $1,526 |
| Price-to-Rent | 8.7:1 |
| 1% Rule | ✗ Fails |
💰 Return Metrics
| Gross Yield | 11.5% |
| Cap Rate | 7.4% |
| 5-Year IRR | 10.7% |
📈 Home Appreciation
| 1-Year | -2.0% ▼ |
| 3-Year CAGR | +2.8% ▲ |
| 5-Year CAGR | +3.3% ▲ |
| 10-Year CAGR | +11.6% ▲ |
🏠 Rent Trends
| 1-Year | +0.5% ▲ |
| 3-Year CAGR | +3.7% ▲ |
| 5-Year CAGR | +5.8% ▲ |
The current 30-yr mortgage rate (6.5%) is close to the estimated cap rate (7.4%). Financing this market at current rates produces a cash-on-cash return near the cap rate. Appreciation and tax benefits may still support the investment.
⚠️ Risk Signals
Composite view of factors that can impact a ZIP's stability and your downside risk.
Demographics in 48030
Population: 14,945
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 48030
Schools in This ZIP Code
Nearby Schools (5 more)
Schools in adjacent ZIP codes that may serve this area
Ferndale Lower Elementary Campus
Webb Elementary School
Crothers Elementary School
Keller Elementary
Siersma Elementary School
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
Frequently Asked Questions
Is Hazel Park, MI a good place for real estate investing?
The 3.0/5 investability rating in Hazel Park, MI reflects its $160K prices and $1,526/mo rents. Investors generally consider it a solid option within MI.
Do landlords face vacancy issues in Hazel Park, MI?
Occupancy in Hazel Park, MI runs steady with elevated vacancy. Well-priced units at $1,526/mo lease on reasonable timelines.
How much do tenants pay in Hazel Park, MI?
Investors in Hazel Park, MI typically see rents near $1,526/mo per month against $160K home values - a solid setup for rental cash flow.
How much should I expect to pay for a home in Hazel Park, MI?
Hazel Park, MI median home values land near $160K. That is reasonable territory for investors looking at $1,526/mo-per-month rentals.
How do experienced investors play Hazel Park, MI?
Hazel Park, MI investors pursuing careful cash-flow rentals with hands-on management. The underlying economics ($160K prices, $1,526/mo rents) make it a reasonable choice.
See what 48030 really looks like for investors
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