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

Clare, MI has a median modeled monthly cash flow of $-333 and a median cap rate of 4.3%, on a median sold price of $190,000. Prices changed +3.0% year over year.

What is the average cap rate in Clare, MI?

The median cap rate across recently sold homes in Clare, MI is 4.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Clare, MI?

The median sold price in Clare, MI is $190,000 (about $139 per square foot).

Investing in Clare, MI Real Estate

A data-driven snapshot of the Clare, 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.

$190,000Median sold price

$139Median $/sqft

4.3%Median cap rate

$-333Modeled cash flow / mo

+3.0%Appreciation YoY

1.8Months of supply

11Active listings

75Sold (last 12 mo)

What the Clare numbers say

In Clare, MI, the median home sold for $190,000 (about $139 per square foot), and the typical deal models out to a 4.3% cap rate with a median $-333 of monthly cash flow. Sold prices moved +3.0% over the past year. Inventory sits at about 1.8 months of supply — a tight, seller-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 Clare cash-flowing listings

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