On Air Now

Current Show

Mark Levin Show   6:00 PM - 9:00 PM

Call Mark now at 1-877-381-3811

Show Info »

Upcoming Shows

Program Schedule »

Listen

Listen Live Now » 590 AM Kalamazoo, MI

Weather

Current Conditions(Kalamazoo,MI 49001)

More Weather »
77° Feels Like: 78°
Wind: N 9 mph Past 24 hrs - Precip: 0.02”
Current Radar for Zip

Tonight

Partly Cloudy 55°

Tomorrow

Sunny 76°

Thurs Night

Clear 54°

Alerts

Saginaw, Detroit among nation's best areas for buying rentals

by
detroit Skyline
detroit Skyline

SAGINAW (WKZO) -- Two Michigan cities have made another of RealtyTrac's list of best markets.  Saginaw and Detroit are among the 20 best markets for buy a single family rental property in the nation.  RealtyTrac analyzed median sales prices and average rental rates to come up with the list.

Saginaw is the second-best market nationally, with an estimated monthly mortgage rate of 242-dollars on a three-bedroom home costing just over 53-thousand dollars.  Detroit came in 15th on the list with an estimated monthly mortgage rate of 363-dollars on a similar home costing 95-thousand dollars.

Topping the list nationally is Memphis, Tennessee, with a 277-dollar monthly mortgage rate for a home costing nearly 73-thousand dollars.

Comments