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

Evart, MI has a median modeled monthly cash flow of $-438 and a median cap rate of 3.4%, on a median sold price of $177,500. Prices changed +7.1% year over year.

What is the average cap rate in Evart, MI?

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

What is the median home price in Evart, MI?

The median sold price in Evart, MI is $177,500 (about $136 per square foot).

Investing in Evart, MI Real Estate

A data-driven snapshot of the Evart, 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.

$177,500Median sold price

$136Median $/sqft

3.4%Median cap rate

$-438Modeled cash flow / mo

+7.1%Appreciation YoY

5.7Months of supply

50Active listings

106Sold (last 12 mo)

What the Evart numbers say

In Evart, MI, the median home sold for $177,500 (about $136 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-438 of monthly cash flow. Sold prices moved +7.1% over the past year. Inventory sits at about 5.7 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 Evart cash-flowing listings

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