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

Rogers City, MI has a median modeled monthly cash flow of $-424 and a median cap rate of 3.6%, on a median sold price of $131,700. Prices changed -4.1% year over year.

What is the average cap rate in Rogers City, MI?

The median cap rate across recently sold homes in Rogers City, MI is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Rogers City, MI?

The median sold price in Rogers City, MI is $131,700 (about $70 per square foot).

Investing in Rogers City, MI Real Estate

A data-driven snapshot of the Rogers City, 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.

$131,700Median sold price

$70Median $/sqft

3.6%Median cap rate

$-424Modeled cash flow / mo

-4.1%Appreciation YoY

6.7Months of supply

18Active listings

32Sold (last 12 mo)

What the Rogers City numbers say

In Rogers City, MI, the median home sold for $131,700 (about $70 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-424 of monthly cash flow. Sold prices moved -4.1% over the past year. Inventory sits at about 6.7 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 Rogers City cash-flowing listings

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