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

Kaleva, MI has a median modeled monthly cash flow of $-436 and a median cap rate of 4.0%, on a median sold price of $163,750. Prices changed -11.6% year over year.

What is the average cap rate in Kaleva, MI?

The median cap rate across recently sold homes in Kaleva, MI is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Kaleva, MI?

The median sold price in Kaleva, MI is $163,750 (about $149 per square foot).

Investing in Kaleva, MI Real Estate

A data-driven snapshot of the Kaleva, 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.

$163,750Median sold price

$149Median $/sqft

4.0%Median cap rate

$-436Modeled cash flow / mo

-11.6%Appreciation YoY

0.7Months of supply

2Active listings

32Sold (last 12 mo)

What the Kaleva numbers say

In Kaleva, MI, the median home sold for $163,750 (about $149 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-436 of monthly cash flow. Sold prices moved -11.6% over the past year. Inventory sits at about 0.7 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 Kaleva cash-flowing listings

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