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

Chums Corner, MI has a median modeled monthly cash flow of $-1,746 and a median cap rate of 1.7%, on a median sold price of $348,000. Prices changed -12.7% year over year.

What is the average cap rate in Chums Corner, MI?

The median cap rate across recently sold homes in Chums Corner, MI is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chums Corner, MI?

The median sold price in Chums Corner, MI is $348,000 (about $214 per square foot).

Investing in Chums Corner, MI Real Estate

A data-driven snapshot of the Chums Corner, 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.

$348,000Median sold price

$214Median $/sqft

1.6%Median cap rate

$-1,746Modeled cash flow / mo

-12.7%Appreciation YoY

6.3Months of supply

32Active listings

61Sold (last 12 mo)

What the Chums Corner numbers say

In Chums Corner, MI, the median home sold for $348,000 (about $214 per square foot), and the typical deal models out to a 1.6% cap rate with a median $-1,746 of monthly cash flow. Sold prices moved -12.7% over the past year. Inventory sits at about 6.3 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 Chums Corner cash-flowing listings

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