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

Lathrup Village, MI has a median modeled monthly cash flow of $-388 and a median cap rate of 5.0%, on a median sold price of $315,000. Prices changed +4.4% 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 5.0%, 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 $315,000 (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.

$315,000Median sold price

$141Median $/sqft

5.0%Median cap rate

$-388Modeled cash flow / mo

+4.4%Appreciation YoY

6.1Months of supply

26Active listings

51Sold (last 12 mo)

What the Lathrup Village numbers say

In Lathrup Village, MI, the median home sold for $315,000 (about $141 per square foot), and the typical deal models out to a 5.0% cap rate with a median $-388 of monthly cash flow. Sold prices moved +4.4% over the past year. Inventory sits at about 6.1 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 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.