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

Hersey, MI has a median modeled monthly cash flow of $-664 and a median cap rate of 2.8%, on a median sold price of $184,900. Prices changed -1.4% year over year.

What is the average cap rate in Hersey, MI?

The median cap rate across recently sold homes in Hersey, MI is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hersey, MI?

The median sold price in Hersey, MI is $184,900 (about $138 per square foot).

Investing in Hersey, MI Real Estate

A data-driven snapshot of the Hersey, 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.

$184,900Median sold price

$138Median $/sqft

2.8%Median cap rate

$-664Modeled cash flow / mo

-1.4%Appreciation YoY

4.9Months of supply

19Active listings

47Sold (last 12 mo)

What the Hersey numbers say

In Hersey, MI, the median home sold for $184,900 (about $138 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-664 of monthly cash flow. Sold prices moved -1.4% over the past year. Inventory sits at about 4.9 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 Hersey cash-flowing listings

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