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

Saginaw, MI has a median modeled monthly cash flow of $93 and a median cap rate of 7.2%, on a median sold price of $151,500. Prices changed +3.3% year over year.

What is the average cap rate in Saginaw, MI?

The median cap rate across recently sold homes in Saginaw, MI is 7.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Saginaw, MI?

The median sold price in Saginaw, MI is $151,500 (about $93 per square foot).

Investing in Saginaw, MI Real Estate

#195 cash-flow market in the U.S.

A data-driven snapshot of the Saginaw, 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.

$151,500Median sold price

$93Median $/sqft

7.2%Median cap rate

$93Modeled cash flow / mo

+3.3%Appreciation YoY

8.6Months of supply

711Active listings

994Sold (last 12 mo)

What the Saginaw numbers say

In Saginaw, MI, the median home sold for $151,500 (about $93 per square foot), and the typical deal models out to a 7.2% cap rate with a median $93 of monthly cash flow. Sold prices moved +3.3% over the past year. Inventory sits at about 8.6 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 Saginaw cash-flowing listings

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