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

Alpha, MI has a median modeled monthly cash flow of $523 and a median cap rate of 30.4%, on a median sold price of $170,000. Prices changed +54.7% year over year.

What is the average cap rate in Alpha, MI?

The median cap rate across recently sold homes in Alpha, MI is 30.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Alpha, MI?

The median sold price in Alpha, MI is $170,000 (about $212 per square foot).

Investing in Alpha, MI Real Estate

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

A data-driven snapshot of the Alpha, 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.

$170,000Median sold price

$212Median $/sqft

30.4%Median cap rate

$523Modeled cash flow / mo

+54.7%Appreciation YoY

0.4Months of supply

1Active listings

30Sold (last 12 mo)

What the Alpha numbers say

In Alpha, MI, the median home sold for $170,000 (about $212 per square foot), and the typical deal models out to a 30.4% cap rate with a median $523 of monthly cash flow. Sold prices moved +54.7% over the past year. Inventory sits at about 0.4 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 Alpha cash-flowing listings

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