Is Millen, GA a good place to invest in rental property?

Millen, GA has a median modeled monthly cash flow of $-436 and a median cap rate of 3.8%, on a median sold price of $127,450. Prices changed -13.8% year over year.

What is the average cap rate in Millen, GA?

The median cap rate across recently sold homes in Millen, GA is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Millen, GA?

The median sold price in Millen, GA is $127,450 (about $94 per square foot).

Investing in Millen, GA Real Estate

A data-driven snapshot of the Millen, GA rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$127,450Median sold price

$94Median $/sqft

3.8%Median cap rate

$-436Modeled cash flow / mo

-13.8%Appreciation YoY

6.8Months of supply

34Active listings

60Sold (last 12 mo)

What the Millen numbers say

In Millen, GA, the median home sold for $127,450 (about $94 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-436 of monthly cash flow. Sold prices moved -13.8% over the past year. Inventory sits at about 6.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Georgia markets to compare

See Millen cash-flowing listings

CashFlowRE ranks every for-sale home in Millen, GA by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Millen deals, or browse the national market data.