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

Harrison, MI has a median modeled monthly cash flow of $-671 and a median cap rate of 3.4%, on a median sold price of $219,900. Prices changed +13.7% year over year.

What is the average cap rate in Harrison, MI?

The median cap rate across recently sold homes in Harrison, MI is 3.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Harrison, MI?

The median sold price in Harrison, MI is $219,900 (about $166 per square foot).

Investing in Harrison, MI Real Estate

A data-driven snapshot of the Harrison, 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.

$219,900Median sold price

$166Median $/sqft

3.4%Median cap rate

$-671Modeled cash flow / mo

+13.7%Appreciation YoY

7.7Months of supply

352Active listings

552Sold (last 12 mo)

What the Harrison numbers say

In Harrison, MI, the median home sold for $219,900 (about $166 per square foot), and the typical deal models out to a 3.4% cap rate with a median $-671 of monthly cash flow. Sold prices moved +13.7% over the past year. Inventory sits at about 7.7 months of supply — a looser, buyer-friendly market. 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 Harrison cash-flowing listings

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