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

Eaton, MI has a median modeled monthly cash flow of $-797 and a median cap rate of 2.9%, on a median sold price of $307,500. Prices changed -2.5% year over year.

What is the average cap rate in Eaton, MI?

The median cap rate across recently sold homes in Eaton, MI is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Eaton, MI?

The median sold price in Eaton, MI is $307,500 (about $158 per square foot).

Investing in Eaton, MI Real Estate

A data-driven snapshot of the Eaton, 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.

$307,500Median sold price

$158Median $/sqft

2.9%Median cap rate

$-797Modeled cash flow / mo

-2.5%Appreciation YoY

6.1Months of supply

22Active listings

43Sold (last 12 mo)

What the Eaton numbers say

In Eaton, MI, the median home sold for $307,500 (about $158 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-797 of monthly cash flow. Sold prices moved -2.5% over the past year. Inventory sits at about 6.1 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 Eaton cash-flowing listings

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