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

Athens, MI has a median modeled monthly cash flow of $-120 and a median cap rate of 5.2%, on a median sold price of $199,950. Prices changed +0.4% year over year.

What is the average cap rate in Athens, MI?

The median cap rate across recently sold homes in Athens, MI is 5.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Athens, MI?

The median sold price in Athens, MI is $199,950 (about $134 per square foot).

Investing in Athens, MI Real Estate

A data-driven snapshot of the Athens, 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.

$199,950Median sold price

$134Median $/sqft

5.2%Median cap rate

$-120Modeled cash flow / mo

+0.4%Appreciation YoY

3.8Months of supply

12Active listings

38Sold (last 12 mo)

What the Athens numbers say

In Athens, MI, the median home sold for $199,950 (about $134 per square foot), and the typical deal models out to a 5.2% cap rate with a median $-120 of monthly cash flow. Sold prices moved +0.4% over the past year. Inventory sits at about 3.8 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 Athens cash-flowing listings

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