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

Fair Plain, MI has a median modeled monthly cash flow of $-396 and a median cap rate of 3.9%, on a median sold price of $195,000. Prices changed +2.2% year over year.

What is the average cap rate in Fair Plain, MI?

The median cap rate across recently sold homes in Fair Plain, MI is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fair Plain, MI?

The median sold price in Fair Plain, MI is $195,000 (about $141 per square foot).

Investing in Fair Plain, MI Real Estate

A data-driven snapshot of the Fair Plain, 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.

$195,000Median sold price

$141Median $/sqft

3.9%Median cap rate

$-396Modeled cash flow / mo

+2.2%Appreciation YoY

6.0Months of supply

56Active listings

112Sold (last 12 mo)

What the Fair Plain numbers say

In Fair Plain, MI, the median home sold for $195,000 (about $141 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-396 of monthly cash flow. Sold prices moved +2.2% over the past year. Inventory sits at about 6.0 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 Fair Plain cash-flowing listings

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