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

Three Oaks, MI has a median modeled monthly cash flow of $-951 and a median cap rate of 3.5%, on a median sold price of $385,000. Prices changed +27.0% year over year.

What is the average cap rate in Three Oaks, MI?

The median cap rate across recently sold homes in Three Oaks, MI is 3.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Three Oaks, MI?

The median sold price in Three Oaks, MI is $385,000 (about $230 per square foot).

Investing in Three Oaks, MI Real Estate

A data-driven snapshot of the Three Oaks, 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.

$385,000Median sold price

$230Median $/sqft

3.5%Median cap rate

$-951Modeled cash flow / mo

+27.0%Appreciation YoY

7.4Months of supply

29Active listings

47Sold (last 12 mo)

What the Three Oaks numbers say

In Three Oaks, MI, the median home sold for $385,000 (about $230 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-951 of monthly cash flow. Sold prices moved +27.0% over the past year. Inventory sits at about 7.4 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 Three Oaks cash-flowing listings

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