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

Honor, MI has a median modeled monthly cash flow of $-1,156 and a median cap rate of 2.2%, on a median sold price of $178,000. Prices changed +7.7% year over year.

What is the average cap rate in Honor, MI?

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

What is the median home price in Honor, MI?

The median sold price in Honor, MI is $178,000 (about $224 per square foot).

Investing in Honor, MI Real Estate

A data-driven snapshot of the Honor, 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.

$178,000Median sold price

$224Median $/sqft

2.2%Median cap rate

$-1,156Modeled cash flow / mo

+7.7%Appreciation YoY

3.5Months of supply

18Active listings

61Sold (last 12 mo)

What the Honor numbers say

In Honor, MI, the median home sold for $178,000 (about $224 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,156 of monthly cash flow. Sold prices moved +7.7% over the past year. Inventory sits at about 3.5 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 Honor cash-flowing listings

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