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

Morrice, MI has a median modeled monthly cash flow of $-332 and a median cap rate of 4.7%, on a median sold price of $190,000. Prices changed +14.7% year over year.

What is the average cap rate in Morrice, MI?

The median cap rate across recently sold homes in Morrice, MI is 4.7%, 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 $190,000 (about $144 per square foot).

Investing in Morrice, MI Real Estate

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.

$190,000Median sold price

$144Median $/sqft

4.7%Median cap rate

$-332Modeled cash flow / mo

+14.7%Appreciation YoY

1.5Months of supply

6Active listings

47Sold (last 12 mo)

What the Morrice numbers say

In Morrice, MI, the median home sold for $190,000 (about $144 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-332 of monthly cash flow. Sold prices moved +14.7% over the past year. Inventory sits at about 1.5 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.