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

Chassell, MI has a median modeled monthly cash flow of $-1,487 and a median cap rate of 1.8%, on a median sold price of $222,500. Prices changed -6.5% year over year.

What is the average cap rate in Chassell, MI?

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

What is the median home price in Chassell, MI?

The median sold price in Chassell, MI is $222,500 (about $174 per square foot).

Investing in Chassell, MI Real Estate

A data-driven snapshot of the Chassell, 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.

$222,500Median sold price

$174Median $/sqft

1.8%Median cap rate

$-1,487Modeled cash flow / mo

-6.5%Appreciation YoY

4.6Months of supply

16Active listings

42Sold (last 12 mo)

What the Chassell numbers say

In Chassell, MI, the median home sold for $222,500 (about $174 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-1,487 of monthly cash flow. Sold prices moved -6.5% over the past year. Inventory sits at about 4.6 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 Chassell cash-flowing listings

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