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

Union, MI has a median modeled monthly cash flow of $-266 and a median cap rate of 4.8%, on a median sold price of $232,000. Prices changed +0.4% year over year.

What is the average cap rate in Union, MI?

The median cap rate across recently sold homes in Union, MI is 4.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Union, MI?

The median sold price in Union, MI is $232,000 (about $126 per square foot).

Investing in Union, MI Real Estate

A data-driven snapshot of the Union, 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.

$232,000Median sold price

$126Median $/sqft

4.8%Median cap rate

$-266Modeled cash flow / mo

+0.4%Appreciation YoY

12.8Months of supply

116Active listings

109Sold (last 12 mo)

What the Union numbers say

In Union, MI, the median home sold for $232,000 (about $126 per square foot), and the typical deal models out to a 4.8% cap rate with a median $-266 of monthly cash flow. Sold prices moved +0.4% over the past year. Inventory sits at about 12.8 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.

🔨 See 4 fix-and-flip deals in Union — listings where the estimated after-repair value beats list price + rehab.

Other Michigan markets to compare

See Union cash-flowing listings

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