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

Milford, MI has a median modeled monthly cash flow of $-1,891 and a median cap rate of 2.0%, on a median sold price of $469,990. Prices changed -0.2% year over year.

What is the average cap rate in Milford, MI?

The median cap rate across recently sold homes in Milford, MI is 2.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Milford, MI?

The median sold price in Milford, MI is $469,990 (about $206 per square foot).

Investing in Milford, MI Real Estate

A data-driven snapshot of the Milford, 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.

$469,990Median sold price

$206Median $/sqft

2.0%Median cap rate

$-1,891Modeled cash flow / mo

-0.2%Appreciation YoY

11.4Months of supply

295Active listings

310Sold (last 12 mo)

What the Milford numbers say

In Milford, MI, the median home sold for $469,990 (about $206 per square foot), and the typical deal models out to a 2.0% cap rate with a median $-1,891 of monthly cash flow. Sold prices moved -0.2% over the past year. Inventory sits at about 11.4 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 Milford cash-flowing listings

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