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

Flat Rock, MI has a median modeled monthly cash flow of $-1,335 and a median cap rate of 1.7%, on a median sold price of $282,000. Prices changed +3.3% 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 1.7%, 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 $282,000 (about $158 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.

$282,000Median sold price

$158Median $/sqft

1.7%Median cap rate

$-1,335Modeled cash flow / mo

+3.3%Appreciation YoY

3.4Months of supply

37Active listings

131Sold (last 12 mo)

What the Flat Rock numbers say

In Flat Rock, MI, the median home sold for $282,000 (about $158 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,335 of monthly cash flow. Sold prices moved +3.3% over the past year. Inventory sits at about 3.4 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 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.