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

Genoa, MI has a median modeled monthly cash flow of $-1,138 and a median cap rate of 3.0%, on a median sold price of $412,075. Prices changed +9.9% year over year.

What is the average cap rate in Genoa, MI?

The median cap rate across recently sold homes in Genoa, MI is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Genoa, MI?

The median sold price in Genoa, MI is $412,075 (about $189 per square foot).

Investing in Genoa, MI Real Estate

A data-driven snapshot of the Genoa, 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.

$412,075Median sold price

$189Median $/sqft

3.0%Median cap rate

$-1,138Modeled cash flow / mo

+9.9%Appreciation YoY

10.3Months of supply

260Active listings

302Sold (last 12 mo)

What the Genoa numbers say

In Genoa, MI, the median home sold for $412,075 (about $189 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-1,138 of monthly cash flow. Sold prices moved +9.9% over the past year. Inventory sits at about 10.3 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 Genoa cash-flowing listings

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