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

Farwell, MI has a median modeled monthly cash flow of $78 and a median cap rate of 7.3%, on a median sold price of $130,450. Prices changed +12.7% year over year.

What is the average cap rate in Farwell, MI?

The median cap rate across recently sold homes in Farwell, MI is 7.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Farwell, MI?

The median sold price in Farwell, MI is $130,450 (about $138 per square foot).

Investing in Farwell, MI Real Estate

#223 cash-flow market in the U.S.

A data-driven snapshot of the Farwell, 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.

$130,450Median sold price

$138Median $/sqft

7.3%Median cap rate

$78Modeled cash flow / mo

+12.7%Appreciation YoY

0.5Months of supply

5Active listings

114Sold (last 12 mo)

What the Farwell numbers say

In Farwell, MI, the median home sold for $130,450 (about $138 per square foot), and the typical deal models out to a 7.3% cap rate with a median $78 of monthly cash flow. Sold prices moved +12.7% over the past year. Inventory sits at about 0.5 months of supply — a tight, seller-friendly market. 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 Farwell cash-flowing listings

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