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

Chippewa, MI has a median modeled monthly cash flow of $-949 and a median cap rate of 2.4%, on a median sold price of $183,500. Prices changed -7.3% year over year.

What is the average cap rate in Chippewa, MI?

The median cap rate across recently sold homes in Chippewa, MI is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chippewa, MI?

The median sold price in Chippewa, MI is $183,500 (about $139 per square foot).

Investing in Chippewa, MI Real Estate

A data-driven snapshot of the Chippewa, 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.

$183,500Median sold price

$139Median $/sqft

2.4%Median cap rate

$-949Modeled cash flow / mo

-7.3%Appreciation YoY

5.7Months of supply

39Active listings

82Sold (last 12 mo)

What the Chippewa numbers say

In Chippewa, MI, the median home sold for $183,500 (about $139 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-949 of monthly cash flow. Sold prices moved -7.3% over the past year. Inventory sits at about 5.7 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 Chippewa cash-flowing listings

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