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

Imlay, MI has a median modeled monthly cash flow of $-1,680 and a median cap rate of 1.3%, on a median sold price of $330,000. Prices changed -26.0% year over year.

What is the average cap rate in Imlay, MI?

The median cap rate across recently sold homes in Imlay, MI is 1.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Imlay, MI?

The median sold price in Imlay, MI is $330,000 (about $174 per square foot).

Investing in Imlay, MI Real Estate

A data-driven snapshot of the Imlay, 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.

$330,000Median sold price

$174Median $/sqft

1.3%Median cap rate

$-1,680Modeled cash flow / mo

-26.0%Appreciation YoY

5.3Months of supply

20Active listings

45Sold (last 12 mo)

What the Imlay numbers say

In Imlay, MI, the median home sold for $330,000 (about $174 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-1,680 of monthly cash flow. Sold prices moved -26.0% over the past year. Inventory sits at about 5.3 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 Imlay cash-flowing listings

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