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

Morenci, MI has a median modeled monthly cash flow of $-163 and a median cap rate of 4.8%, on a median sold price of $123,500. Prices changed -11.3% year over year.

What is the average cap rate in Morenci, MI?

The median cap rate across recently sold homes in Morenci, MI is 4.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Morenci, MI?

The median sold price in Morenci, MI is $123,500 (about $90 per square foot).

Investing in Morenci, MI Real Estate

A data-driven snapshot of the Morenci, 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.

$123,500Median sold price

$90Median $/sqft

4.8%Median cap rate

$-163Modeled cash flow / mo

-11.3%Appreciation YoY

10.5Months of supply

41Active listings

47Sold (last 12 mo)

What the Morenci numbers say

In Morenci, MI, the median home sold for $123,500 (about $90 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-163 of monthly cash flow. Sold prices moved -11.3% over the past year. Inventory sits at about 10.5 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 Morenci cash-flowing listings

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