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

Leslie, MI has a median modeled monthly cash flow of $-262 and a median cap rate of 3.9%, on a median sold price of $215,000. Prices changed -3.3% year over year.

What is the average cap rate in Leslie, MI?

The median cap rate across recently sold homes in Leslie, MI is 3.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Leslie, MI?

The median sold price in Leslie, MI is $215,000 (about $145 per square foot).

Investing in Leslie, MI Real Estate

A data-driven snapshot of the Leslie, 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.

$215,000Median sold price

$145Median $/sqft

3.9%Median cap rate

$-262Modeled cash flow / mo

-3.3%Appreciation YoY

5.0Months of supply

58Active listings

139Sold (last 12 mo)

What the Leslie numbers say

In Leslie, MI, the median home sold for $215,000 (about $145 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-262 of monthly cash flow. Sold prices moved -3.3% over the past year. Inventory sits at about 5.0 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 Leslie cash-flowing listings

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