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

Laketown, MI has a median modeled monthly cash flow of $-3,297 and a median cap rate of 0.2%, on a median sold price of $479,500. Prices changed +15.3% year over year.

What is the average cap rate in Laketown, MI?

The median cap rate across recently sold homes in Laketown, MI is 0.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Laketown, MI?

The median sold price in Laketown, MI is $479,500 (about $233 per square foot).

Investing in Laketown, MI Real Estate

A data-driven snapshot of the Laketown, 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.

$479,500Median sold price

$233Median $/sqft

0.2%Median cap rate

$-3,297Modeled cash flow / mo

+15.3%Appreciation YoY

6.3Months of supply

52Active listings

99Sold (last 12 mo)

What the Laketown numbers say

In Laketown, MI, the median home sold for $479,500 (about $233 per square foot), and the typical deal models out to a 0.2% cap rate with a median $-3,297 of monthly cash flow. Sold prices moved +15.3% over the past year. Inventory sits at about 6.3 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 Laketown cash-flowing listings

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