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

Flat Rock, MI has a median modeled monthly cash flow of $-1,334 and a median cap rate of 1.9%, on a median sold price of $286,000. Prices changed +8.8% 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 $286,000 (about $160 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.

$286,000Median sold price

$160Median $/sqft

1.9%Median cap rate

$-1,334Modeled cash flow / mo

+8.8%Appreciation YoY

6.2Months of supply

64Active listings

123Sold (last 12 mo)

What the Flat Rock numbers say

In Flat Rock, MI, the median home sold for $286,000 (about $160 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,334 of monthly cash flow. Sold prices moved +8.8% over the past year. Inventory sits at about 6.2 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 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.