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

Douglas, MI has a median modeled monthly cash flow of $-3,318 and a median cap rate of 0.9%, on a median sold price of $564,500. Prices changed +39.7% year over year.

What is the average cap rate in Douglas, MI?

The median cap rate across recently sold homes in Douglas, MI is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Douglas, MI?

The median sold price in Douglas, MI is $564,500 (about $382 per square foot).

Investing in Douglas, MI Real Estate

A data-driven snapshot of the Douglas, 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.

$564,500Median sold price

$382Median $/sqft

0.9%Median cap rate

$-3,318Modeled cash flow / mo

+39.7%Appreciation YoY

6.4Months of supply

52Active listings

97Sold (last 12 mo)

What the Douglas numbers say

In Douglas, MI, the median home sold for $564,500 (about $382 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-3,318 of monthly cash flow. Sold prices moved +39.7% over the past year. Inventory sits at about 6.4 months of supply. 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 Douglas cash-flowing listings

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