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

Frankfort, MI has a median modeled monthly cash flow of $-3,862 and a median cap rate of -0.5%, on a median sold price of $339,375. Prices changed +18.7% year over year.

What is the average cap rate in Frankfort, MI?

The median cap rate across recently sold homes in Frankfort, MI is -0.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Frankfort, MI?

The median sold price in Frankfort, MI is $339,375 (about $283 per square foot).

Investing in Frankfort, MI Real Estate

A data-driven snapshot of the Frankfort, 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.

$339,375Median sold price

$283Median $/sqft

-0.5%Median cap rate

$-3,862Modeled cash flow / mo

+18.7%Appreciation YoY

9.0Months of supply

30Active listings

40Sold (last 12 mo)

What the Frankfort numbers say

In Frankfort, MI, the median home sold for $339,375 (about $283 per square foot), and the typical deal models out to a -0.5% cap rate with a median $-3,862 of monthly cash flow. Sold prices moved +18.7% over the past year. Inventory sits at about 9.0 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 Frankfort cash-flowing listings

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