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

Freeland, MI has a median modeled monthly cash flow of $-664 and a median cap rate of 3.9%, on a median sold price of $348,000. Prices changed +5.5% year over year.

What is the average cap rate in Freeland, MI?

The median cap rate across recently sold homes in Freeland, MI is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Freeland, MI?

The median sold price in Freeland, MI is $348,000 (about $153 per square foot).

Investing in Freeland, MI Real Estate

A data-driven snapshot of the Freeland, 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.

$348,000Median sold price

$153Median $/sqft

3.9%Median cap rate

$-664Modeled cash flow / mo

+5.5%Appreciation YoY

6.1Months of supply

50Active listings

98Sold (last 12 mo)

What the Freeland numbers say

In Freeland, MI, the median home sold for $348,000 (about $153 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-664 of monthly cash flow. Sold prices moved +5.5% 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 Freeland cash-flowing listings

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