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

Byron Center, MI has a median modeled monthly cash flow of $-2,311 and a median cap rate of 1.4%, on a median sold price of $510,000. Prices changed +3.0% year over year.

What is the average cap rate in Byron Center, MI?

The median cap rate across recently sold homes in Byron Center, MI is 1.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Byron Center, MI?

The median sold price in Byron Center, MI is $510,000 (about $206 per square foot).

Investing in Byron Center, MI Real Estate

A data-driven snapshot of the Byron Center, 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.

$510,000Median sold price

$206Median $/sqft

1.4%Median cap rate

$-2,311Modeled cash flow / mo

+3.0%Appreciation YoY

11.7Months of supply

123Active listings

126Sold (last 12 mo)

What the Byron Center numbers say

In Byron Center, MI, the median home sold for $510,000 (about $206 per square foot), and the typical deal models out to a 1.4% cap rate with a median $-2,311 of monthly cash flow. Sold prices moved +3.0% over the past year. Inventory sits at about 11.7 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 Byron Center cash-flowing listings

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