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

Millington, MI has a median modeled monthly cash flow of $-949 and a median cap rate of 2.5%, on a median sold price of $227,000. Prices changed +21.3% year over year.

What is the average cap rate in Millington, MI?

The median cap rate across recently sold homes in Millington, MI is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Millington, MI?

The median sold price in Millington, MI is $227,000 (about $148 per square foot).

Investing in Millington, MI Real Estate

A data-driven snapshot of the Millington, 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.

$227,000Median sold price

$148Median $/sqft

2.5%Median cap rate

$-949Modeled cash flow / mo

+21.3%Appreciation YoY

4.4Months of supply

25Active listings

68Sold (last 12 mo)

What the Millington numbers say

In Millington, MI, the median home sold for $227,000 (about $148 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-949 of monthly cash flow. Sold prices moved +21.3% over the past year. Inventory sits at about 4.4 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 Millington cash-flowing listings

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