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

Marlette, MI has a median modeled monthly cash flow of $-334 and a median cap rate of 3.9%, on a median sold price of $158,500. Prices changed +28.1% year over year.

What is the average cap rate in Marlette, MI?

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

What is the median home price in Marlette, MI?

The median sold price in Marlette, MI is $158,500 (about $123 per square foot).

Investing in Marlette, MI Real Estate

A data-driven snapshot of the Marlette, 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.

$158,500Median sold price

$123Median $/sqft

3.9%Median cap rate

$-334Modeled cash flow / mo

+28.1%Appreciation YoY

5.8Months of supply

16Active listings

33Sold (last 12 mo)

What the Marlette numbers say

In Marlette, MI, the median home sold for $158,500 (about $123 per square foot), and the typical deal models out to a 3.9% cap rate with a median $-334 of monthly cash flow. Sold prices moved +28.1% over the past year. Inventory sits at about 5.8 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 Marlette cash-flowing listings

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