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

Gun Plain, MI has a median modeled monthly cash flow of $-1,135 and a median cap rate of 2.0%, on a median sold price of $303,075. Prices changed -8.2% 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 2.0%, 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 $303,075 (about $168 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.

$303,075Median sold price

$168Median $/sqft

2.0%Median cap rate

$-1,135Modeled cash flow / mo

-8.2%Appreciation YoY

6.1Months of supply

55Active listings

108Sold (last 12 mo)

What the Gun Plain numbers say

In Gun Plain, MI, the median home sold for $303,075 (about $168 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,135 of monthly cash flow. Sold prices moved -8.2% over the past year. Inventory sits at about 6.1 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.