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

Sturgis, MI has a median modeled monthly cash flow of $-306 and a median cap rate of 4.1%, on a median sold price of $198,000. Prices changed +11.4% year over year.

What is the average cap rate in Sturgis, MI?

The median cap rate across recently sold homes in Sturgis, MI is 4.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Sturgis, MI?

The median sold price in Sturgis, MI is $198,000 (about $132 per square foot).

Investing in Sturgis, MI Real Estate

A data-driven snapshot of the Sturgis, 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.

$198,000Median sold price

$132Median $/sqft

4.1%Median cap rate

$-306Modeled cash flow / mo

+11.4%Appreciation YoY

5.9Months of supply

75Active listings

153Sold (last 12 mo)

What the Sturgis numbers say

In Sturgis, MI, the median home sold for $198,000 (about $132 per square foot), and the typical deal models out to a 4.1% cap rate with a median $-306 of monthly cash flow. Sold prices moved +11.4% over the past year. Inventory sits at about 5.9 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 Sturgis cash-flowing listings

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