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

Lockport, MI has a median modeled monthly cash flow of $-629 and a median cap rate of 3.9%, on a median sold price of $272,450. Prices changed +7.7% year over year.

What is the average cap rate in Lockport, MI?

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

What is the median home price in Lockport, MI?

The median sold price in Lockport, MI is $272,450 (about $167 per square foot).

Investing in Lockport, MI Real Estate

A data-driven snapshot of the Lockport, 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.

$272,450Median sold price

$167Median $/sqft

3.9%Median cap rate

$-629Modeled cash flow / mo

+7.7%Appreciation YoY

12.6Months of supply

44Active listings

42Sold (last 12 mo)

What the Lockport numbers say

In Lockport, MI, the median home sold for $272,450 (about $167 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-629 of monthly cash flow. Sold prices moved +7.7% over the past year. Inventory sits at about 12.6 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 Lockport cash-flowing listings

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