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

Monitor, MI has a median modeled monthly cash flow of $-907 and a median cap rate of 2.3%, on a median sold price of $241,000. Prices changed +2.8% year over year.

What is the average cap rate in Monitor, MI?

The median cap rate across recently sold homes in Monitor, MI is 2.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Monitor, MI?

The median sold price in Monitor, MI is $241,000 (about $145 per square foot).

Investing in Monitor, MI Real Estate

A data-driven snapshot of the Monitor, 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.

$241,000Median sold price

$145Median $/sqft

2.3%Median cap rate

$-907Modeled cash flow / mo

+2.8%Appreciation YoY

11.3Months of supply

114Active listings

121Sold (last 12 mo)

What the Monitor numbers say

In Monitor, MI, the median home sold for $241,000 (about $145 per square foot), and the typical deal models out to a 2.3% cap rate with a median $-907 of monthly cash flow. Sold prices moved +2.8% over the past year. Inventory sits at about 11.3 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 Monitor cash-flowing listings

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