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

Big Rapids, MI has a median modeled monthly cash flow of $-942 and a median cap rate of 2.6%, on a median sold price of $220,750. Prices changed +12.1% year over year.

What is the average cap rate in Big Rapids, MI?

The median cap rate across recently sold homes in Big Rapids, MI is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Big Rapids, MI?

The median sold price in Big Rapids, MI is $220,750 (about $139 per square foot).

Investing in Big Rapids, MI Real Estate

A data-driven snapshot of the Big Rapids, 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.

$220,750Median sold price

$139Median $/sqft

2.6%Median cap rate

$-942Modeled cash flow / mo

+12.1%Appreciation YoY

11.2Months of supply

129Active listings

138Sold (last 12 mo)

What the Big Rapids numbers say

In Big Rapids, MI, the median home sold for $220,750 (about $139 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-942 of monthly cash flow. Sold prices moved +12.1% over the past year. Inventory sits at about 11.2 months of supply — a looser, buyer-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 Big Rapids cash-flowing listings

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