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

Three Rivers, MI has a median modeled monthly cash flow of $-130 and a median cap rate of 5.7%, on a median sold price of $175,500. Prices changed -5.3% year over year.

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

The median cap rate across recently sold homes in Three Rivers, MI is 5.7%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Three Rivers, MI is $175,500 (about $116 per square foot).

Investing in Three Rivers, MI Real Estate

A data-driven snapshot of the Three Rivers, 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.

$175,500Median sold price

$116Median $/sqft

5.7%Median cap rate

$-130Modeled cash flow / mo

-5.3%Appreciation YoY

10.4Months of supply

101Active listings

116Sold (last 12 mo)

What the Three Rivers numbers say

In Three Rivers, MI, the median home sold for $175,500 (about $116 per square foot), and the typical deal models out to a 5.7% cap rate with a median $-130 of monthly cash flow. Sold prices moved -5.3% over the past year. Inventory sits at about 10.4 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 Rivers cash-flowing listings

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