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

Temperance, MI has a median modeled monthly cash flow of $-272 and a median cap rate of 5.1%, on a median sold price of $280,000. Prices changed -0.6% year over year.

What is the average cap rate in Temperance, MI?

The median cap rate across recently sold homes in Temperance, MI is 5.1%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Temperance, MI?

The median sold price in Temperance, MI is $280,000 (about $157 per square foot).

Investing in Temperance, MI Real Estate

A data-driven snapshot of the Temperance, 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.

$280,000Median sold price

$157Median $/sqft

5.1%Median cap rate

$-272Modeled cash flow / mo

-0.6%Appreciation YoY

5.6Months of supply

50Active listings

107Sold (last 12 mo)

What the Temperance numbers say

In Temperance, MI, the median home sold for $280,000 (about $157 per square foot), and the typical deal models out to a 5.1% cap rate with a median $-272 of monthly cash flow. Sold prices moved -0.6% 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 Temperance cash-flowing listings

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