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

Millersburg, MI has a median modeled monthly cash flow of $143 and a median cap rate of 9.4%, on a median sold price of $189,500. Prices changed +30.8% year over year.

What is the average cap rate in Millersburg, MI?

The median cap rate across recently sold homes in Millersburg, MI is 9.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Millersburg, MI?

The median sold price in Millersburg, MI is $189,500 (about $202 per square foot).

Investing in Millersburg, MI Real Estate

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

A data-driven snapshot of the Millersburg, 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.

$189,500Median sold price

$202Median $/sqft

9.4%Median cap rate

$143Modeled cash flow / mo

+30.8%Appreciation YoY

1.3Months of supply

4Active listings

36Sold (last 12 mo)

What the Millersburg numbers say

In Millersburg, MI, the median home sold for $189,500 (about $202 per square foot), and the typical deal models out to a 9.4% cap rate with a median $143 of monthly cash flow. Sold prices moved +30.8% over the past year. Inventory sits at about 1.3 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 Millersburg cash-flowing listings

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