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

Lansing, MI has a median modeled monthly cash flow of $-34 and a median cap rate of 6.0%, on a median sold price of $155,000. Prices changed +0.8% year over year.

What is the average cap rate in Lansing, MI?

The median cap rate across recently sold homes in Lansing, MI is 6.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lansing, MI?

The median sold price in Lansing, MI is $155,000 (about $122 per square foot).

Investing in Lansing, MI Real Estate

A data-driven snapshot of the Lansing, 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.

$155,000Median sold price

$122Median $/sqft

6.0%Median cap rate

$-34Modeled cash flow / mo

+0.8%Appreciation YoY

5.4Months of supply

731Active listings

1,631Sold (last 12 mo)

What the Lansing numbers say

In Lansing, MI, the median home sold for $155,000 (about $122 per square foot), and the typical deal models out to a 6.0% cap rate with a median $-34 of monthly cash flow. Sold prices moved +0.8% over the past year. Inventory sits at about 5.4 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 Lansing cash-flowing listings

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