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

Center Line, MI has a median modeled monthly cash flow of $-62 and a median cap rate of 5.9%, on a median sold price of $178,000. Prices changed +11.5% year over year.

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

The median cap rate across recently sold homes in Center Line, MI is 5.9%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Center Line, MI is $178,000 (about $126 per square foot).

Investing in Center Line, MI Real Estate

A data-driven snapshot of the Center Line, 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.

$178,000Median sold price

$126Median $/sqft

5.9%Median cap rate

$-62Modeled cash flow / mo

+11.5%Appreciation YoY

4.8Months of supply

34Active listings

85Sold (last 12 mo)

What the Center Line numbers say

In Center Line, MI, the median home sold for $178,000 (about $126 per square foot), and the typical deal models out to a 5.9% cap rate with a median $-62 of monthly cash flow. Sold prices moved +11.5% over the past year. Inventory sits at about 4.8 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 Center Line cash-flowing listings

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