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

Delta, MI has a median modeled monthly cash flow of $-1,049 and a median cap rate of 2.5%, on a median sold price of $382,576. Prices changed +8.8% year over year.

What is the average cap rate in Delta, MI?

The median cap rate across recently sold homes in Delta, MI is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Delta, MI?

The median sold price in Delta, MI is $382,576 (about $168 per square foot).

Investing in Delta, MI Real Estate

A data-driven snapshot of the Delta, 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.

$382,576Median sold price

$168Median $/sqft

2.5%Median cap rate

$-1,049Modeled cash flow / mo

+8.8%Appreciation YoY

13.3Months of supply

131Active listings

118Sold (last 12 mo)

What the Delta numbers say

In Delta, MI, the median home sold for $382,576 (about $168 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,049 of monthly cash flow. Sold prices moved +8.8% over the past year. Inventory sits at about 13.3 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 Delta cash-flowing listings

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