Is St. Louis, MI a good place to invest in rental property?

St. Louis, MI has a median modeled monthly cash flow of $-116 and a median cap rate of 5.5%, on a median sold price of $155,000. Prices changed +18.1% year over year.

What is the average cap rate in St. Louis, MI?

The median cap rate across recently sold homes in St. Louis, MI is 5.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in St. Louis, MI?

The median sold price in St. Louis, MI is $155,000 (about $111 per square foot).

Investing in St. Louis, MI Real Estate

A data-driven snapshot of the St. Louis, 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.

$155,000Median sold price

$111Median $/sqft

5.5%Median cap rate

$-116Modeled cash flow / mo

+18.1%Appreciation YoY

5.6Months of supply

32Active listings

69Sold (last 12 mo)

What the St. Louis numbers say

In St. Louis, MI, the median home sold for $155,000 (about $111 per square foot), and the typical deal models out to a 5.5% cap rate with a median $-116 of monthly cash flow. Sold prices moved +18.1% 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 St. Louis cash-flowing listings

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