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

Hopkins, MI has a median modeled monthly cash flow of $-1,287 and a median cap rate of 1.9%, on a median sold price of $292,500. Prices changed +18.4% year over year.

What is the average cap rate in Hopkins, MI?

The median cap rate across recently sold homes in Hopkins, MI is 1.9%, 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 $292,500 (about $222 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.

$292,500Median sold price

$222Median $/sqft

1.9%Median cap rate

$-1,287Modeled cash flow / mo

+18.4%Appreciation YoY

7.2Months of supply

18Active listings

30Sold (last 12 mo)

What the Hopkins numbers say

In Hopkins, MI, the median home sold for $292,500 (about $222 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,287 of monthly cash flow. Sold prices moved +18.4% over the past year. Inventory sits at about 7.2 months of supply — a looser, buyer-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 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.