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

Grosse Pointe, MI has a median modeled monthly cash flow of $-1,989 and a median cap rate of 1.9%, on a median sold price of $445,000. Prices changed +6.2% year over year.

What is the average cap rate in Grosse Pointe, MI?

The median cap rate across recently sold homes in Grosse Pointe, MI is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Grosse Pointe, MI?

The median sold price in Grosse Pointe, MI is $445,000 (about $205 per square foot).

Investing in Grosse Pointe, MI Real Estate

A data-driven snapshot of the Grosse Pointe, 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.

$445,000Median sold price

$205Median $/sqft

1.9%Median cap rate

$-1,989Modeled cash flow / mo

+6.2%Appreciation YoY

6.9Months of supply

52Active listings

91Sold (last 12 mo)

What the Grosse Pointe numbers say

In Grosse Pointe, MI, the median home sold for $445,000 (about $205 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,989 of monthly cash flow. Sold prices moved +6.2% over the past year. Inventory sits at about 6.9 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 Grosse Pointe cash-flowing listings

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