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

Paw Paw Lake, MI has a median modeled monthly cash flow of $-2,461 and a median cap rate of 0.9%, on a median sold price of $249,500. Prices changed +2.2% year over year.

What is the average cap rate in Paw Paw Lake, MI?

The median cap rate across recently sold homes in Paw Paw Lake, MI is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Paw Paw Lake, MI?

The median sold price in Paw Paw Lake, MI is $249,500 (about $188 per square foot).

Investing in Paw Paw Lake, MI Real Estate

A data-driven snapshot of the Paw Paw Lake, 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.

$249,500Median sold price

$188Median $/sqft

0.9%Median cap rate

$-2,461Modeled cash flow / mo

+2.2%Appreciation YoY

4.9Months of supply

40Active listings

98Sold (last 12 mo)

What the Paw Paw Lake numbers say

In Paw Paw Lake, MI, the median home sold for $249,500 (about $188 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-2,461 of monthly cash flow. Sold prices moved +2.2% over the past year. Inventory sits at about 4.9 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 Paw Paw Lake cash-flowing listings

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