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

Fenton, MI has a median modeled monthly cash flow of $-1,142 and a median cap rate of 3.0%, on a median sold price of $304,920. Prices changed +0.6% year over year.

What is the average cap rate in Fenton, MI?

The median cap rate across recently sold homes in Fenton, MI is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fenton, MI?

The median sold price in Fenton, MI is $304,920 (about $174 per square foot).

Investing in Fenton, MI Real Estate

A data-driven snapshot of the Fenton, 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.

$304,920Median sold price

$174Median $/sqft

3.0%Median cap rate

$-1,142Modeled cash flow / mo

+0.6%Appreciation YoY

10.5Months of supply

261Active listings

299Sold (last 12 mo)

What the Fenton numbers say

In Fenton, MI, the median home sold for $304,920 (about $174 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,142 of monthly cash flow. Sold prices moved +0.6% over the past year. Inventory sits at about 10.5 months of supply — a looser, buyer-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 Fenton cash-flowing listings

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