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

Frankenlust, MI has a median modeled monthly cash flow of $-1,186 and a median cap rate of 1.3%, on a median sold price of $248,000. Prices changed +2.1% year over year.

What is the average cap rate in Frankenlust, MI?

The median cap rate across recently sold homes in Frankenlust, MI is 1.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Frankenlust, MI?

The median sold price in Frankenlust, MI is $248,000 (about $149 per square foot).

Investing in Frankenlust, MI Real Estate

A data-driven snapshot of the Frankenlust, 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.

$248,000Median sold price

$149Median $/sqft

1.3%Median cap rate

$-1,186Modeled cash flow / mo

+2.1%Appreciation YoY

6.3Months of supply

31Active listings

59Sold (last 12 mo)

What the Frankenlust numbers say

In Frankenlust, MI, the median home sold for $248,000 (about $149 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-1,186 of monthly cash flow. Sold prices moved +2.1% over the past year. Inventory sits at about 6.3 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 Frankenlust cash-flowing listings

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