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

Gun Plain, MI has a median modeled monthly cash flow of $-1,286 and a median cap rate of 1.7%, on a median sold price of $306,875. Prices changed -7.5% year over year.

What is the average cap rate in Gun Plain, MI?

The median cap rate across recently sold homes in Gun Plain, MI is 1.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Gun Plain, MI?

The median sold price in Gun Plain, MI is $306,875 (about $166 per square foot).

Investing in Gun Plain, MI Real Estate

A data-driven snapshot of the Gun Plain, 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.

$306,875Median sold price

$166Median $/sqft

1.7%Median cap rate

$-1,286Modeled cash flow / mo

-7.5%Appreciation YoY

5.0Months of supply

46Active listings

110Sold (last 12 mo)

What the Gun Plain numbers say

In Gun Plain, MI, the median home sold for $306,875 (about $166 per square foot), and the typical deal models out to a 1.7% cap rate with a median $-1,286 of monthly cash flow. Sold prices moved -7.5% over the past year. Inventory sits at about 5.0 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 Gun Plain cash-flowing listings

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