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

Rockford, MI has a median modeled monthly cash flow of $-1,333 and a median cap rate of 2.7%, on a median sold price of $360,000. Prices changed +8.2% year over year.

What is the average cap rate in Rockford, MI?

The median cap rate across recently sold homes in Rockford, MI is 2.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rockford, MI?

The median sold price in Rockford, MI is $360,000 (about $210 per square foot).

Investing in Rockford, MI Real Estate

A data-driven snapshot of the Rockford, 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.

$360,000Median sold price

$210Median $/sqft

2.7%Median cap rate

$-1,333Modeled cash flow / mo

+8.2%Appreciation YoY

5.6Months of supply

63Active listings

135Sold (last 12 mo)

What the Rockford numbers say

In Rockford, MI, the median home sold for $360,000 (about $210 per square foot), and the typical deal models out to a 2.7% cap rate with a median $-1,333 of monthly cash flow. Sold prices moved +8.2% over the past year. Inventory sits at about 5.6 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 Rockford cash-flowing listings

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