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

Colon, MI has a median modeled monthly cash flow of $-796 and a median cap rate of 2.6%, on a median sold price of $222,500. Prices changed +14.6% year over year.

What is the average cap rate in Colon, MI?

The median cap rate across recently sold homes in Colon, MI is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Colon, MI?

The median sold price in Colon, MI is $222,500 (about $169 per square foot).

Investing in Colon, MI Real Estate

A data-driven snapshot of the Colon, 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.

$222,500Median sold price

$169Median $/sqft

2.6%Median cap rate

$-796Modeled cash flow / mo

+14.6%Appreciation YoY

13.9Months of supply

44Active listings

38Sold (last 12 mo)

What the Colon numbers say

In Colon, MI, the median home sold for $222,500 (about $169 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-796 of monthly cash flow. Sold prices moved +14.6% over the past year. Inventory sits at about 13.9 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 Colon cash-flowing listings

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