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

Menominee, MI has a median modeled monthly cash flow of $-385 and a median cap rate of 4.0%, on a median sold price of $171,000. Prices changed -1.2% year over year.

What is the average cap rate in Menominee, MI?

The median cap rate across recently sold homes in Menominee, MI is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Menominee, MI?

The median sold price in Menominee, MI is $171,000 (about $126 per square foot).

Investing in Menominee, MI Real Estate

A data-driven snapshot of the Menominee, 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.

$171,000Median sold price

$126Median $/sqft

4.0%Median cap rate

$-385Modeled cash flow / mo

-1.2%Appreciation YoY

5.4Months of supply

87Active listings

195Sold (last 12 mo)

What the Menominee numbers say

In Menominee, MI, the median home sold for $171,000 (about $126 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-385 of monthly cash flow. Sold prices moved -1.2% over the past year. Inventory sits at about 5.4 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 Menominee cash-flowing listings

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