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

Hesperia, MI has a median modeled monthly cash flow of $-646 and a median cap rate of 2.8%, on a median sold price of $199,500. Prices changed +11.1% year over year.

What is the average cap rate in Hesperia, MI?

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

What is the median home price in Hesperia, MI?

The median sold price in Hesperia, MI is $199,500 (about $160 per square foot).

Investing in Hesperia, MI Real Estate

A data-driven snapshot of the Hesperia, 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.

$199,500Median sold price

$160Median $/sqft

2.8%Median cap rate

$-646Modeled cash flow / mo

+11.1%Appreciation YoY

2.0Months of supply

16Active listings

94Sold (last 12 mo)

What the Hesperia numbers say

In Hesperia, MI, the median home sold for $199,500 (about $160 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-646 of monthly cash flow. Sold prices moved +11.1% over the past year. Inventory sits at about 2.0 months of supply — a tight, seller-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 Hesperia cash-flowing listings

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