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

Handy, MI has a median modeled monthly cash flow of $-1,264 and a median cap rate of 2.2%, on a median sold price of $364,975. Prices changed +11.0% year over year.

What is the average cap rate in Handy, MI?

The median cap rate across recently sold homes in Handy, MI is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Handy, MI?

The median sold price in Handy, MI is $364,975 (about $191 per square foot).

Investing in Handy, MI Real Estate

A data-driven snapshot of the Handy, 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.

$364,975Median sold price

$191Median $/sqft

2.2%Median cap rate

$-1,264Modeled cash flow / mo

+11.0%Appreciation YoY

6.9Months of supply

95Active listings

166Sold (last 12 mo)

What the Handy numbers say

In Handy, MI, the median home sold for $364,975 (about $191 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,264 of monthly cash flow. Sold prices moved +11.0% 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 Handy cash-flowing listings

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