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

Flat Rock, MI has a median modeled monthly cash flow of $-1,035 and a median cap rate of 1.9%, on a median sold price of $285,000. Prices changed +1.0% year over year.

What is the average cap rate in Flat Rock, MI?

The median cap rate across recently sold homes in Flat Rock, MI is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Flat Rock, MI?

The median sold price in Flat Rock, MI is $285,000 (about $154 per square foot).

Investing in Flat Rock, MI Real Estate

A data-driven snapshot of the Flat Rock, 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.

$285,000Median sold price

$154Median $/sqft

1.9%Median cap rate

$-1,035Modeled cash flow / mo

+1.0%Appreciation YoY

8.4Months of supply

88Active listings

125Sold (last 12 mo)

What the Flat Rock numbers say

In Flat Rock, MI, the median home sold for $285,000 (about $154 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,035 of monthly cash flow. Sold prices moved +1.0% over the past year. Inventory sits at about 8.4 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 Flat Rock cash-flowing listings

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