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

Sand Lake, MI has a median modeled monthly cash flow of $-485 and a median cap rate of 3.2%, on a median sold price of $164,000. Prices changed +24.2% year over year.

What is the average cap rate in Sand Lake, MI?

The median cap rate across recently sold homes in Sand Lake, MI is 3.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sand Lake, MI?

The median sold price in Sand Lake, MI is $164,000 (about $154 per square foot).

Investing in Sand Lake, MI Real Estate

A data-driven snapshot of the Sand Lake, 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.

$164,000Median sold price

$154Median $/sqft

3.2%Median cap rate

$-485Modeled cash flow / mo

+24.2%Appreciation YoY

3.8Months of supply

36Active listings

114Sold (last 12 mo)

What the Sand Lake numbers say

In Sand Lake, MI, the median home sold for $164,000 (about $154 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-485 of monthly cash flow. Sold prices moved +24.2% over the past year. Inventory sits at about 3.8 months of supply — a tight, seller-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 Sand Lake cash-flowing listings

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