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

Portage, MI has a median modeled monthly cash flow of $-625 and a median cap rate of 4.1%, on a median sold price of $305,250. Prices changed +3.9% year over year.

What is the average cap rate in Portage, MI?

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

What is the median home price in Portage, MI?

The median sold price in Portage, MI is $305,250 (about $160 per square foot).

Investing in Portage, MI Real Estate

A data-driven snapshot of the Portage, 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.

$305,250Median sold price

$160Median $/sqft

4.1%Median cap rate

$-625Modeled cash flow / mo

+3.9%Appreciation YoY

10.0Months of supply

603Active listings

726Sold (last 12 mo)

What the Portage numbers say

In Portage, MI, the median home sold for $305,250 (about $160 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-625 of monthly cash flow. Sold prices moved +3.9% over the past year. Inventory sits at about 10.0 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 Portage cash-flowing listings

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