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

Laurium, MI has a median modeled monthly cash flow of $-78 and a median cap rate of 5.7%, on a median sold price of $137,000. Prices changed +5.9% year over year.

What is the average cap rate in Laurium, MI?

The median cap rate across recently sold homes in Laurium, MI is 5.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Laurium, MI?

The median sold price in Laurium, MI is $137,000 (about $90 per square foot).

Investing in Laurium, MI Real Estate

A data-driven snapshot of the Laurium, 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.

$137,000Median sold price

$90Median $/sqft

5.7%Median cap rate

$-78Modeled cash flow / mo

+5.9%Appreciation YoY

3.1Months of supply

12Active listings

46Sold (last 12 mo)

What the Laurium numbers say

In Laurium, MI, the median home sold for $137,000 (about $90 per square foot), and the typical deal models out to a 5.7% cap rate with a median $-78 of monthly cash flow. Sold prices moved +5.9% over the past year. Inventory sits at about 3.1 months of supply — a tight, seller-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 Laurium cash-flowing listings

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