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

Hopkins, MI has a median modeled monthly cash flow of $-1,450 and a median cap rate of 1.2%, on a median sold price of $295,000. Prices changed +7.3% year over year.

What is the average cap rate in Hopkins, MI?

The median cap rate across recently sold homes in Hopkins, MI is 1.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hopkins, MI?

The median sold price in Hopkins, MI is $295,000 (about $207 per square foot).

Investing in Hopkins, MI Real Estate

A data-driven snapshot of the Hopkins, 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.

$295,000Median sold price

$207Median $/sqft

1.2%Median cap rate

$-1,450Modeled cash flow / mo

+7.3%Appreciation YoY

4.6Months of supply

13Active listings

34Sold (last 12 mo)

What the Hopkins numbers say

In Hopkins, MI, the median home sold for $295,000 (about $207 per square foot), and the typical deal models out to a 1.2% cap rate with a median $-1,450 of monthly cash flow. Sold prices moved +7.3% over the past year. Inventory sits at about 4.6 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 Hopkins cash-flowing listings

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