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

Muskegon, MI has a median modeled monthly cash flow of $-265 and a median cap rate of 4.7%, on a median sold price of $190,000. Prices changed +7.7% year over year.

What is the average cap rate in Muskegon, MI?

The median cap rate across recently sold homes in Muskegon, MI is 4.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Muskegon, MI?

The median sold price in Muskegon, MI is $190,000 (about $154 per square foot).

Investing in Muskegon, MI Real Estate

A data-driven snapshot of the Muskegon, 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

$154Median $/sqft

4.7%Median cap rate

$-265Modeled cash flow / mo

+7.7%Appreciation YoY

8.2Months of supply

550Active listings

803Sold (last 12 mo)

What the Muskegon numbers say

In Muskegon, MI, the median home sold for $190,000 (about $154 per square foot), and the typical deal models out to a 4.7% cap rate with a median $-265 of monthly cash flow. Sold prices moved +7.7% over the past year. Inventory sits at about 8.2 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 Muskegon cash-flowing listings

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