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

Brooks, MI has a median modeled monthly cash flow of $-1,475 and a median cap rate of 1.8%, on a median sold price of $249,900. Prices changed -7.7% year over year.

What is the average cap rate in Brooks, MI?

The median cap rate across recently sold homes in Brooks, MI is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Brooks, MI?

The median sold price in Brooks, MI is $249,900 (about $198 per square foot).

Investing in Brooks, MI Real Estate

A data-driven snapshot of the Brooks, 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.

$249,900Median sold price

$198Median $/sqft

1.8%Median cap rate

$-1,475Modeled cash flow / mo

-7.7%Appreciation YoY

5.9Months of supply

32Active listings

65Sold (last 12 mo)

What the Brooks numbers say

In Brooks, MI, the median home sold for $249,900 (about $198 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-1,475 of monthly cash flow. Sold prices moved -7.7% over the past year. Inventory sits at about 5.9 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 Brooks cash-flowing listings

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