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

Lapeer, MI has a median modeled monthly cash flow of $-596 and a median cap rate of 3.6%, on a median sold price of $250,500. Prices changed +6.1% year over year.

What is the average cap rate in Lapeer, MI?

The median cap rate across recently sold homes in Lapeer, MI is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lapeer, MI?

The median sold price in Lapeer, MI is $250,500 (about $156 per square foot).

Investing in Lapeer, MI Real Estate

A data-driven snapshot of the Lapeer, 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.

$250,500Median sold price

$156Median $/sqft

3.6%Median cap rate

$-596Modeled cash flow / mo

+6.1%Appreciation YoY

4.1Months of supply

127Active listings

374Sold (last 12 mo)

What the Lapeer numbers say

In Lapeer, MI, the median home sold for $250,500 (about $156 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-596 of monthly cash flow. Sold prices moved +6.1% over the past year. Inventory sits at about 4.1 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 Lapeer cash-flowing listings

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