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

Grosse Pointe Farms, MI has a median modeled monthly cash flow of $-2,300 and a median cap rate of 1.5%, on a median sold price of $532,500. Prices changed -3.2% year over year.

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

The median cap rate across recently sold homes in Grosse Pointe Farms, MI is 1.5%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Grosse Pointe Farms, MI is $532,500 (about $211 per square foot).

Investing in Grosse Pointe Farms, MI Real Estate

A data-driven snapshot of the Grosse Pointe Farms, 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.

$532,500Median sold price

$211Median $/sqft

1.5%Median cap rate

$-2,300Modeled cash flow / mo

-3.2%Appreciation YoY

4.4Months of supply

49Active listings

134Sold (last 12 mo)

What the Grosse Pointe Farms numbers say

In Grosse Pointe Farms, MI, the median home sold for $532,500 (about $211 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-2,300 of monthly cash flow. Sold prices moved -3.2% over the past year. Inventory sits at about 4.4 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 Farms cash-flowing listings

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