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

Augusta, MI has a median modeled monthly cash flow of $-978 and a median cap rate of 2.9%, on a median sold price of $291,500. Prices changed +8.0% year over year.

What is the average cap rate in Augusta, MI?

The median cap rate across recently sold homes in Augusta, MI is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Augusta, MI?

The median sold price in Augusta, MI is $291,500 (about $182 per square foot).

Investing in Augusta, MI Real Estate

A data-driven snapshot of the Augusta, 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.

$291,500Median sold price

$182Median $/sqft

2.9%Median cap rate

$-978Modeled cash flow / mo

+8.0%Appreciation YoY

6.8Months of supply

46Active listings

81Sold (last 12 mo)

What the Augusta numbers say

In Augusta, MI, the median home sold for $291,500 (about $182 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-978 of monthly cash flow. Sold prices moved +8.0% over the past year. Inventory sits at about 6.8 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 Augusta cash-flowing listings

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