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

Benona, MI has a median modeled monthly cash flow of $-1,524 and a median cap rate of 1.7%, on a median sold price of $180,000. Prices changed -20.4% year over year.

What is the average cap rate in Benona, MI?

The median cap rate across recently sold homes in Benona, MI is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Benona, MI?

The median sold price in Benona, MI is $180,000 (about $218 per square foot).

Investing in Benona, MI Real Estate

A data-driven snapshot of the Benona, 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.

$180,000Median sold price

$218Median $/sqft

1.7%Median cap rate

$-1,524Modeled cash flow / mo

-20.4%Appreciation YoY

3.6Months of supply

17Active listings

57Sold (last 12 mo)

What the Benona numbers say

In Benona, MI, the median home sold for $180,000 (about $218 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,524 of monthly cash flow. Sold prices moved -20.4% over the past year. Inventory sits at about 3.6 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 Benona cash-flowing listings

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