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

Nessen City, MI has a median modeled monthly cash flow of $-1,912 and a median cap rate of 1.5%, on a median sold price of $179,750. Prices changed +51.2% year over year.

What is the average cap rate in Nessen City, MI?

The median cap rate across recently sold homes in Nessen City, MI is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Nessen City, MI?

The median sold price in Nessen City, MI is $179,750 (about $226 per square foot).

Investing in Nessen City, MI Real Estate

A data-driven snapshot of the Nessen City, 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.

$179,750Median sold price

$226Median $/sqft

1.5%Median cap rate

$-1,912Modeled cash flow / mo

+51.2%Appreciation YoY

1.3Months of supply

4Active listings

38Sold (last 12 mo)

What the Nessen City numbers say

In Nessen City, MI, the median home sold for $179,750 (about $226 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,912 of monthly cash flow. Sold prices moved +51.2% over the past year. Inventory sits at about 1.3 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 Nessen City cash-flowing listings

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