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

Alba, MI has a median modeled monthly cash flow of $877 and a median cap rate of 59.2%, on a median sold price of $18,000. Prices changed -7.1% year over year.

What is the average cap rate in Alba, MI?

The median cap rate across recently sold homes in Alba, MI is 59.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Alba, MI?

The median sold price in Alba, MI is $18,000 (about $156 per square foot).

Investing in Alba, MI Real Estate

#14 cash-flow market in the U.S.

A data-driven snapshot of the Alba, 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.

$18,000Median sold price

$156Median $/sqft

59.2%Median cap rate

$877Modeled cash flow / mo

-7.1%Appreciation YoY

0.3Months of supply

1Active listings

41Sold (last 12 mo)

What the Alba numbers say

In Alba, MI, the median home sold for $18,000 (about $156 per square foot), and the typical deal models out to a 59.2% cap rate with a median $877 of monthly cash flow. Sold prices moved -7.1% over the past year. Inventory sits at about 0.3 months of supply — a tight, seller-friendly market. 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 Alba cash-flowing listings

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