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

Leland, MI has a median modeled monthly cash flow of $-7,164 and a median cap rate of -0.2%, on a median sold price of $768,500. Prices changed +2.4% year over year.

What is the average cap rate in Leland, MI?

The median cap rate across recently sold homes in Leland, MI is -0.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Leland, MI?

The median sold price in Leland, MI is $768,500 (about $540 per square foot).

Investing in Leland, MI Real Estate

A data-driven snapshot of the Leland, 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.

$768,500Median sold price

$540Median $/sqft

-0.2%Median cap rate

$-7,164Modeled cash flow / mo

+2.4%Appreciation YoY

7.1Months of supply

26Active listings

44Sold (last 12 mo)

What the Leland numbers say

In Leland, MI, the median home sold for $768,500 (about $540 per square foot), and the typical deal models out to a -0.2% cap rate with a median $-7,164 of monthly cash flow. Sold prices moved +2.4% over the past year. Inventory sits at about 7.1 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 Leland cash-flowing listings

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