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

Brooklyn, MI has a median modeled monthly cash flow of $-673 and a median cap rate of 2.9%, on a median sold price of $271,375. Prices changed +8.2% year over year.

What is the average cap rate in Brooklyn, MI?

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

What is the median home price in Brooklyn, MI?

The median sold price in Brooklyn, MI is $271,375 (about $159 per square foot).

Investing in Brooklyn, MI Real Estate

A data-driven snapshot of the Brooklyn, 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.

$271,375Median sold price

$159Median $/sqft

3.0%Median cap rate

$-673Modeled cash flow / mo

+8.2%Appreciation YoY

5.8Months of supply

28Active listings

58Sold (last 12 mo)

What the Brooklyn numbers say

In Brooklyn, MI, the median home sold for $271,375 (about $159 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-673 of monthly cash flow. Sold prices moved +8.2% over the past year. Inventory sits at about 5.8 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 Brooklyn cash-flowing listings

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