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

Portland, MI has a median modeled monthly cash flow of $-696 and a median cap rate of 3.1%, on a median sold price of $256,825. Prices changed -5.1% year over year.

What is the average cap rate in Portland, MI?

The median cap rate across recently sold homes in Portland, MI is 3.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Portland, MI?

The median sold price in Portland, MI is $256,825 (about $159 per square foot).

Investing in Portland, MI Real Estate

A data-driven snapshot of the Portland, 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.

$256,825Median sold price

$159Median $/sqft

3.1%Median cap rate

$-696Modeled cash flow / mo

-5.1%Appreciation YoY

8.7Months of supply

45Active listings

62Sold (last 12 mo)

What the Portland numbers say

In Portland, MI, the median home sold for $256,825 (about $159 per square foot), and the typical deal models out to a 3.1% cap rate with a median $-696 of monthly cash flow. Sold prices moved -5.1% over the past year. Inventory sits at about 8.7 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 Portland cash-flowing listings

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