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

Gobles, MI has a median modeled monthly cash flow of $-717 and a median cap rate of 3.7%, on a median sold price of $255,000. Prices changed +4.8% year over year.

What is the average cap rate in Gobles, MI?

The median cap rate across recently sold homes in Gobles, MI is 3.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Gobles, MI?

The median sold price in Gobles, MI is $255,000 (about $164 per square foot).

Investing in Gobles, MI Real Estate

A data-driven snapshot of the Gobles, 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.

$255,000Median sold price

$164Median $/sqft

3.7%Median cap rate

$-717Modeled cash flow / mo

+4.8%Appreciation YoY

2.6Months of supply

18Active listings

84Sold (last 12 mo)

What the Gobles numbers say

In Gobles, MI, the median home sold for $255,000 (about $164 per square foot), and the typical deal models out to a 3.7% cap rate with a median $-717 of monthly cash flow. Sold prices moved +4.8% over the past year. Inventory sits at about 2.6 months of supply — a tight, seller-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 Gobles cash-flowing listings

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