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

Indian River, MI has a median modeled monthly cash flow of $-975 and a median cap rate of 2.3%, on a median sold price of $250,000. Prices changed +11.1% year over year.

What is the average cap rate in Indian River, MI?

The median cap rate across recently sold homes in Indian River, MI is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Indian River, MI?

The median sold price in Indian River, MI is $250,000 (about $221 per square foot).

Investing in Indian River, MI Real Estate

A data-driven snapshot of the Indian River, 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.

$250,000Median sold price

$221Median $/sqft

2.3%Median cap rate

$-975Modeled cash flow / mo

+11.1%Appreciation YoY

0.8Months of supply

11Active listings

157Sold (last 12 mo)

What the Indian River numbers say

In Indian River, MI, the median home sold for $250,000 (about $221 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-975 of monthly cash flow. Sold prices moved +11.1% over the past year. Inventory sits at about 0.8 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 Indian River cash-flowing listings

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