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

Portage, MI has a median modeled monthly cash flow of $-729 and a median cap rate of 3.6%, on a median sold price of $309,900. Prices changed +4.6% year over year.

What is the average cap rate in Portage, MI?

The median cap rate across recently sold homes in Portage, MI is 3.6%, 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 $309,900 (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.

$309,900Median sold price

$160Median $/sqft

3.6%Median cap rate

$-729Modeled cash flow / mo

+4.6%Appreciation YoY

8.0Months of supply

481Active listings

722Sold (last 12 mo)

What the Portage numbers say

In Portage, MI, the median home sold for $309,900 (about $160 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-729 of monthly cash flow. Sold prices moved +4.6% over the past year. Inventory sits at about 8.0 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.