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

Kalkaska, MI has a median modeled monthly cash flow of $-911 and a median cap rate of 2.6%, on a median sold price of $209,750. Prices changed -7.5% year over year.

What is the average cap rate in Kalkaska, MI?

The median cap rate across recently sold homes in Kalkaska, MI is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Kalkaska, MI?

The median sold price in Kalkaska, MI is $209,750 (about $161 per square foot).

Investing in Kalkaska, MI Real Estate

A data-driven snapshot of the Kalkaska, 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.

$209,750Median sold price

$161Median $/sqft

2.6%Median cap rate

$-911Modeled cash flow / mo

-7.5%Appreciation YoY

5.1Months of supply

47Active listings

110Sold (last 12 mo)

What the Kalkaska numbers say

In Kalkaska, MI, the median home sold for $209,750 (about $161 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-911 of monthly cash flow. Sold prices moved -7.5% over the past year. Inventory sits at about 5.1 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 Kalkaska cash-flowing listings

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