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

Petersburg, MI has a median modeled monthly cash flow of $-406 and a median cap rate of 3.8%, on a median sold price of $232,500. Prices changed +9.8% year over year.

What is the average cap rate in Petersburg, MI?

The median cap rate across recently sold homes in Petersburg, MI is 3.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Petersburg, MI?

The median sold price in Petersburg, MI is $232,500 (about $179 per square foot).

Investing in Petersburg, MI Real Estate

A data-driven snapshot of the Petersburg, 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.

$232,500Median sold price

$179Median $/sqft

3.8%Median cap rate

$-406Modeled cash flow / mo

+9.8%Appreciation YoY

3.0Months of supply

10Active listings

40Sold (last 12 mo)

What the Petersburg numbers say

In Petersburg, MI, the median home sold for $232,500 (about $179 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-406 of monthly cash flow. Sold prices moved +9.8% over the past year. Inventory sits at about 3.0 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 Petersburg cash-flowing listings

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