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

Cadillac, MI has a median modeled monthly cash flow of $-249 and a median cap rate of 4.8%, on a median sold price of $199,950. Prices changed +7.0% year over year.

What is the average cap rate in Cadillac, MI?

The median cap rate across recently sold homes in Cadillac, MI is 4.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Cadillac, MI?

The median sold price in Cadillac, MI is $199,950 (about $153 per square foot).

Investing in Cadillac, MI Real Estate

A data-driven snapshot of the Cadillac, 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.

$199,950Median sold price

$153Median $/sqft

4.8%Median cap rate

$-249Modeled cash flow / mo

+7.0%Appreciation YoY

10.1Months of supply

186Active listings

220Sold (last 12 mo)

What the Cadillac numbers say

In Cadillac, MI, the median home sold for $199,950 (about $153 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-249 of monthly cash flow. Sold prices moved +7.0% over the past year. Inventory sits at about 10.1 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 Cadillac cash-flowing listings

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