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

Morrice, MI has a median modeled monthly cash flow of $140 and a median cap rate of 7.6%, on a median sold price of $162,500. Prices changed +52.7% year over year.

What is the average cap rate in Morrice, MI?

The median cap rate across recently sold homes in Morrice, MI is 7.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Morrice, MI?

The median sold price in Morrice, MI is $162,500 (about $139 per square foot).

Investing in Morrice, MI Real Estate

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

A data-driven snapshot of the Morrice, 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.

$162,500Median sold price

$139Median $/sqft

7.6%Median cap rate

$140Modeled cash flow / mo

+52.7%Appreciation YoY

3.0Months of supply

8Active listings

32Sold (last 12 mo)

What the Morrice numbers say

In Morrice, MI, the median home sold for $162,500 (about $139 per square foot), and the typical deal models out to a 7.6% cap rate with a median $140 of monthly cash flow. Sold prices moved +52.7% over the past year. Inventory sits at about 3.0 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 Morrice cash-flowing listings

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