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

Fennville, MI has a median modeled monthly cash flow of $-983 and a median cap rate of 2.0%, on a median sold price of $248,500. Prices changed -2.5% year over year.

What is the average cap rate in Fennville, MI?

The median cap rate across recently sold homes in Fennville, MI is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fennville, MI?

The median sold price in Fennville, MI is $248,500 (about $193 per square foot).

Investing in Fennville, MI Real Estate

A data-driven snapshot of the Fennville, 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.

$248,500Median sold price

$193Median $/sqft

2.0%Median cap rate

$-983Modeled cash flow / mo

-2.5%Appreciation YoY

2.1Months of supply

22Active listings

123Sold (last 12 mo)

What the Fennville numbers say

In Fennville, MI, the median home sold for $248,500 (about $193 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-983 of monthly cash flow. Sold prices moved -2.5% over the past year. Inventory sits at about 2.1 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 Fennville cash-flowing listings

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