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

Eastwood, MI has a median modeled monthly cash flow of $-254 and a median cap rate of 4.9%, on a median sold price of $175,000. Prices changed +2.8% year over year.

What is the average cap rate in Eastwood, MI?

The median cap rate across recently sold homes in Eastwood, MI is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Eastwood, MI?

The median sold price in Eastwood, MI is $175,000 (about $148 per square foot).

Investing in Eastwood, MI Real Estate

A data-driven snapshot of the Eastwood, 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.

$175,000Median sold price

$148Median $/sqft

4.9%Median cap rate

$-254Modeled cash flow / mo

+2.8%Appreciation YoY

5.9Months of supply

49Active listings

99Sold (last 12 mo)

What the Eastwood numbers say

In Eastwood, MI, the median home sold for $175,000 (about $148 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-254 of monthly cash flow. Sold prices moved +2.8% over the past year. Inventory sits at about 5.9 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 Eastwood cash-flowing listings

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