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

North Muskegon, MI has a median modeled monthly cash flow of $-596 and a median cap rate of 4.1%, on a median sold price of $280,000. Prices changed +0.9% year over year.

What is the average cap rate in North Muskegon, MI?

The median cap rate across recently sold homes in North Muskegon, MI is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in North Muskegon, MI?

The median sold price in North Muskegon, MI is $280,000 (about $173 per square foot).

Investing in North Muskegon, MI Real Estate

A data-driven snapshot of the North 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.

$280,000Median sold price

$173Median $/sqft

4.1%Median cap rate

$-596Modeled cash flow / mo

+0.9%Appreciation YoY

4.0Months of supply

66Active listings

198Sold (last 12 mo)

What the North Muskegon numbers say

In North Muskegon, MI, the median home sold for $280,000 (about $173 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-596 of monthly cash flow. Sold prices moved +0.9% over the past year. Inventory sits at about 4.0 months of supply. 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 North Muskegon cash-flowing listings

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