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

Albion, MI has a median modeled monthly cash flow of $219 and a median cap rate of 8.6%, on a median sold price of $145,000. Prices changed -2.4% year over year.

What is the average cap rate in Albion, MI?

The median cap rate across recently sold homes in Albion, MI is 8.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Albion, MI?

The median sold price in Albion, MI is $145,000 (about $102 per square foot).

Investing in Albion, MI Real Estate

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

A data-driven snapshot of the Albion, 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.

$145,000Median sold price

$102Median $/sqft

8.6%Median cap rate

$219Modeled cash flow / mo

-2.4%Appreciation YoY

6.0Months of supply

62Active listings

123Sold (last 12 mo)

What the Albion numbers say

In Albion, MI, the median home sold for $145,000 (about $102 per square foot), and the typical deal models out to a 8.6% cap rate with a median $219 of monthly cash flow. Sold prices moved -2.4% over the past year. Inventory sits at about 6.0 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 Albion cash-flowing listings

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