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

Riley, MI has a median modeled monthly cash flow of $-1,299 and a median cap rate of 1.9%, on a median sold price of $222,500. Prices changed +2.3% year over year.

What is the average cap rate in Riley, MI?

The median cap rate across recently sold homes in Riley, MI is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Riley, MI?

The median sold price in Riley, MI is $222,500 (about $177 per square foot).

Investing in Riley, MI Real Estate

A data-driven snapshot of the Riley, 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.

$222,500Median sold price

$177Median $/sqft

1.9%Median cap rate

$-1,299Modeled cash flow / mo

+2.3%Appreciation YoY

6.4Months of supply

33Active listings

62Sold (last 12 mo)

What the Riley numbers say

In Riley, MI, the median home sold for $222,500 (about $177 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,299 of monthly cash flow. Sold prices moved +2.3% over the past year. Inventory sits at about 6.4 months of supply. 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 Riley cash-flowing listings

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