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

Coldwater, MI has a median modeled monthly cash flow of $-651 and a median cap rate of 3.3%, on a median sold price of $228,000. Prices changed +9.0% year over year.

What is the average cap rate in Coldwater, MI?

The median cap rate across recently sold homes in Coldwater, MI is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Coldwater, MI?

The median sold price in Coldwater, MI is $228,000 (about $146 per square foot).

Investing in Coldwater, MI Real Estate

A data-driven snapshot of the Coldwater, 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.

$228,000Median sold price

$146Median $/sqft

3.3%Median cap rate

$-651Modeled cash flow / mo

+9.0%Appreciation YoY

10.5Months of supply

161Active listings

184Sold (last 12 mo)

What the Coldwater numbers say

In Coldwater, MI, the median home sold for $228,000 (about $146 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-651 of monthly cash flow. Sold prices moved +9.0% over the past year. Inventory sits at about 10.5 months of supply — a looser, buyer-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 Coldwater cash-flowing listings

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