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

Perry, MI has a median modeled monthly cash flow of $-1,247 and a median cap rate of 2.2%, on a median sold price of $259,245. Prices changed -1.1% year over year.

What is the average cap rate in Perry, MI?

The median cap rate across recently sold homes in Perry, MI is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Perry, MI?

The median sold price in Perry, MI is $259,245 (about $138 per square foot).

Investing in Perry, MI Real Estate

A data-driven snapshot of the Perry, 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.

$259,245Median sold price

$138Median $/sqft

2.2%Median cap rate

$-1,247Modeled cash flow / mo

-1.1%Appreciation YoY

7.4Months of supply

49Active listings

80Sold (last 12 mo)

What the Perry numbers say

In Perry, MI, the median home sold for $259,245 (about $138 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,247 of monthly cash flow. Sold prices moved -1.1% over the past year. Inventory sits at about 7.4 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 Perry cash-flowing listings

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