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

Ida, MI has a median modeled monthly cash flow of $-764 and a median cap rate of 3.6%, on a median sold price of $300,000. Prices changed +7.2% year over year.

What is the average cap rate in Ida, MI?

The median cap rate across recently sold homes in Ida, MI is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Ida, MI?

The median sold price in Ida, MI is $300,000 (about $179 per square foot).

Investing in Ida, MI Real Estate

A data-driven snapshot of the Ida, 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.

$300,000Median sold price

$179Median $/sqft

3.6%Median cap rate

$-764Modeled cash flow / mo

+7.2%Appreciation YoY

3.6Months of supply

16Active listings

54Sold (last 12 mo)

What the Ida numbers say

In Ida, MI, the median home sold for $300,000 (about $179 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-764 of monthly cash flow. Sold prices moved +7.2% over the past year. Inventory sits at about 3.6 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 Ida cash-flowing listings

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