ZIP comparison · Detroit-Warren-Dearborn, MI
48205 vs 48238
Side-by-side comparison of two ZIP codes — typical home value, rent, yield, taxes, schools, and demographics. The greener number on each row signals which ZIP comes out ahead on that metric.
| Metric | ZIP48205Detroit, MI | ZIP48238Detroit, MI |
|---|---|---|
| Home value | ||
| Typical home value | $52,542 | Better: $53,661 |
| 1-year appreciation | -11.7% | Better: -8.6% |
| 5-year CAGR | Better: +3.9% | +0.8% |
| 10-year CAGR | Better: +10.2% | +8.4% |
| Rent & investment | ||
| Monthly rent | $1,273 | Better: $1,196 |
| Gross yield | Better: 29.1% | 26.8% |
| Cap rate | Better: 17.4% | 16.1% |
| Property tax | ||
| Effective tax rate | 1.7% | Better: 1.6% |
| Typical annual tax | $870 | Better: $858 |
| Demographics | ||
| Population | 34,187 | 24,731 |
| Median household income | Better: $38,966 | $33,315 |
| Climate & migration | ||
| Overall risk (FEMA NRI) | Relatively High | Relatively High |
| Net migration | -4,559 | -4,559 |
| Schools | ||
| Public schools | 7 | 6 |
| Students enrolled | 3,036 | 2,725 |