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

Millburg, MI has a median modeled monthly cash flow of $207 and a median cap rate of 8.7%, on a median sold price of $275,000. Prices changed +11.0% year over year.

What is the average cap rate in Millburg, MI?

The median cap rate across recently sold homes in Millburg, MI is 8.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Millburg, MI?

The median sold price in Millburg, MI is $275,000 (about $156 per square foot).

Investing in Millburg, MI Real Estate

#153 cash-flow market in the U.S.

A data-driven snapshot of the Millburg, 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.

$275,000Median sold price

$156Median $/sqft

8.7%Median cap rate

$207Modeled cash flow / mo

+11.0%Appreciation YoY

1.4Months of supply

6Active listings

51Sold (last 12 mo)

What the Millburg numbers say

In Millburg, MI, the median home sold for $275,000 (about $156 per square foot), and the typical deal models out to a 8.7% cap rate with a median $207 of monthly cash flow. Sold prices moved +11.0% over the past year. Inventory sits at about 1.4 months of supply — a tight, seller-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 Millburg cash-flowing listings

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