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

Emmett, MI has a median modeled monthly cash flow of $-650 and a median cap rate of 3.4%, on a median sold price of $245,000. Prices changed +4.3% year over year.

What is the average cap rate in Emmett, MI?

The median cap rate across recently sold homes in Emmett, MI is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Emmett, MI?

The median sold price in Emmett, MI is $245,000 (about $147 per square foot).

Investing in Emmett, MI Real Estate

A data-driven snapshot of the Emmett, 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.

$245,000Median sold price

$147Median $/sqft

3.4%Median cap rate

$-650Modeled cash flow / mo

+4.3%Appreciation YoY

5.8Months of supply

86Active listings

179Sold (last 12 mo)

What the Emmett numbers say

In Emmett, MI, the median home sold for $245,000 (about $147 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-650 of monthly cash flow. Sold prices moved +4.3% over the past year. Inventory sits at about 5.8 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 Emmett cash-flowing listings

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