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

Fort Gratiot, MI has a median modeled monthly cash flow of $-943 and a median cap rate of 2.4%, on a median sold price of $263,450. Prices changed -0.3% year over year.

What is the average cap rate in Fort Gratiot, MI?

The median cap rate across recently sold homes in Fort Gratiot, MI is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Fort Gratiot, MI?

The median sold price in Fort Gratiot, MI is $263,450 (about $154 per square foot).

Investing in Fort Gratiot, MI Real Estate

A data-driven snapshot of the Fort Gratiot, 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.

$263,450Median sold price

$154Median $/sqft

2.4%Median cap rate

$-943Modeled cash flow / mo

-0.3%Appreciation YoY

6.1Months of supply

86Active listings

170Sold (last 12 mo)

What the Fort Gratiot numbers say

In Fort Gratiot, MI, the median home sold for $263,450 (about $154 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-943 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 6.1 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 Fort Gratiot cash-flowing listings

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