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

Porter, MI has a median modeled monthly cash flow of $-2,190 and a median cap rate of 1.1%, on a median sold price of $350,000. Prices changed -6.9% year over year.

What is the average cap rate in Porter, MI?

The median cap rate across recently sold homes in Porter, MI is 1.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Porter, MI?

The median sold price in Porter, MI is $350,000 (about $161 per square foot).

Investing in Porter, MI Real Estate

A data-driven snapshot of the Porter, 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.

$350,000Median sold price

$161Median $/sqft

1.1%Median cap rate

$-2,190Modeled cash flow / mo

-6.9%Appreciation YoY

22.1Months of supply

83Active listings

45Sold (last 12 mo)

What the Porter numbers say

In Porter, MI, the median home sold for $350,000 (about $161 per square foot), and the typical deal models out to a 1.1% cap rate with a median $-2,190 of monthly cash flow. Sold prices moved -6.9% over the past year. Inventory sits at about 22.1 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 Porter cash-flowing listings

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