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

Rockwood, MI has a median modeled monthly cash flow of $-971 and a median cap rate of 1.4%, on a median sold price of $236,250. Prices changed +15.8% year over year.

What is the average cap rate in Rockwood, MI?

The median cap rate across recently sold homes in Rockwood, MI is 1.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rockwood, MI?

The median sold price in Rockwood, MI is $236,250 (about $161 per square foot).

Investing in Rockwood, MI Real Estate

A data-driven snapshot of the Rockwood, 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.

$236,250Median sold price

$161Median $/sqft

1.4%Median cap rate

$-971Modeled cash flow / mo

+15.8%Appreciation YoY

8.3Months of supply

29Active listings

42Sold (last 12 mo)

What the Rockwood numbers say

In Rockwood, MI, the median home sold for $236,250 (about $161 per square foot), and the typical deal models out to a 1.4% cap rate with a median $-971 of monthly cash flow. Sold prices moved +15.8% over the past year. Inventory sits at about 8.3 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 Rockwood cash-flowing listings

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