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

Lathrup Village, MI has a median modeled monthly cash flow of $-327 and a median cap rate of 4.9%, on a median sold price of $309,500. Prices changed +2.9% year over year.

What is the average cap rate in Lathrup Village, MI?

The median cap rate across recently sold homes in Lathrup Village, MI is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Lathrup Village, MI?

The median sold price in Lathrup Village, MI is $309,500 (about $141 per square foot).

Investing in Lathrup Village, MI Real Estate

A data-driven snapshot of the Lathrup Village, 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.

$309,500Median sold price

$141Median $/sqft

4.9%Median cap rate

$-327Modeled cash flow / mo

+2.9%Appreciation YoY

7.4Months of supply

31Active listings

50Sold (last 12 mo)

What the Lathrup Village numbers say

In Lathrup Village, MI, the median home sold for $309,500 (about $141 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-327 of monthly cash flow. Sold prices moved +2.9% over the past year. Inventory sits at about 7.4 months of supply — a looser, buyer-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 Lathrup Village cash-flowing listings

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