Is Alamo, MI a good place to invest in rental property?

Alamo, MI has a median modeled monthly cash flow of $-710 and a median cap rate of 3.0%, on a median sold price of $330,000. Prices changed +17.6% year over year.

What is the average cap rate in Alamo, MI?

The median cap rate across recently sold homes in Alamo, MI is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Alamo, MI?

The median sold price in Alamo, MI is $330,000 (about $177 per square foot).

Investing in Alamo, MI Real Estate

A data-driven snapshot of the Alamo, MI 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.

$330,000Median sold price

$177Median $/sqft

3.0%Median cap rate

$-710Modeled cash flow / mo

+17.6%Appreciation YoY

5.5Months of supply

16Active listings

35Sold (last 12 mo)

What the Alamo numbers say

In Alamo, MI, the median home sold for $330,000 (about $177 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-710 of monthly cash flow. Sold prices moved +17.6% over the past year. Inventory sits at about 5.5 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Michigan markets to compare

See Alamo cash-flowing listings

CashFlowRE ranks every for-sale home in Alamo, MI 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 Alamo deals, or browse the national market data.