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

Hart, MI has a median modeled monthly cash flow of $-699 and a median cap rate of 3.2%, on a median sold price of $198,000. Prices changed -5.3% year over year.

What is the average cap rate in Hart, MI?

The median cap rate across recently sold homes in Hart, MI is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hart, MI?

The median sold price in Hart, MI is $198,000 (about $126 per square foot).

Investing in Hart, MI Real Estate

A data-driven snapshot of the Hart, 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.

$198,000Median sold price

$126Median $/sqft

3.2%Median cap rate

$-699Modeled cash flow / mo

-5.3%Appreciation YoY

6.7Months of supply

32Active listings

57Sold (last 12 mo)

What the Hart numbers say

In Hart, MI, the median home sold for $198,000 (about $126 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-699 of monthly cash flow. Sold prices moved -5.3% over the past year. Inventory sits at about 6.7 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 Hart cash-flowing listings

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