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

Coleman, MI has a median modeled monthly cash flow of $-615 and a median cap rate of 2.8%, on a median sold price of $166,000. Prices changed +7.1% year over year.

What is the average cap rate in Coleman, MI?

The median cap rate across recently sold homes in Coleman, MI is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Coleman, MI?

The median sold price in Coleman, MI is $166,000 (about $136 per square foot).

Investing in Coleman, MI Real Estate

A data-driven snapshot of the Coleman, 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.

$166,000Median sold price

$136Median $/sqft

2.8%Median cap rate

$-615Modeled cash flow / mo

+7.1%Appreciation YoY

3.3Months of supply

18Active listings

65Sold (last 12 mo)

What the Coleman numbers say

In Coleman, MI, the median home sold for $166,000 (about $136 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-615 of monthly cash flow. Sold prices moved +7.1% over the past year. Inventory sits at about 3.3 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 Coleman cash-flowing listings

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