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

Michigan Center, MI has a median modeled monthly cash flow of $-698 and a median cap rate of 3.3%, on a median sold price of $200,000. Prices changed +9.6% year over year.

What is the average cap rate in Michigan Center, MI?

The median cap rate across recently sold homes in Michigan Center, MI is 3.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Michigan Center, MI?

The median sold price in Michigan Center, MI is $200,000 (about $149 per square foot).

Investing in Michigan Center, MI Real Estate

A data-driven snapshot of the Michigan Center, 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.

$200,000Median sold price

$149Median $/sqft

3.3%Median cap rate

$-698Modeled cash flow / mo

+9.6%Appreciation YoY

5.5Months of supply

27Active listings

59Sold (last 12 mo)

What the Michigan Center numbers say

In Michigan Center, MI, the median home sold for $200,000 (about $149 per square foot), and the typical deal models out to a 3.3% cap rate with a median $-698 of monthly cash flow. Sold prices moved +9.6% over the past year. Inventory sits at about 5.5 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 Michigan Center cash-flowing listings

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