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

Vandercook Lake, MI has a median modeled monthly cash flow of $-256 and a median cap rate of 4.9%, on a median sold price of $176,000. Prices changed +2.7% year over year.

What is the average cap rate in Vandercook Lake, MI?

The median cap rate across recently sold homes in Vandercook Lake, MI is 4.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Vandercook Lake, MI?

The median sold price in Vandercook Lake, MI is $176,000 (about $134 per square foot).

Investing in Vandercook Lake, MI Real Estate

A data-driven snapshot of the Vandercook Lake, 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.

$176,000Median sold price

$134Median $/sqft

4.9%Median cap rate

$-256Modeled cash flow / mo

+2.7%Appreciation YoY

5.2Months of supply

27Active listings

62Sold (last 12 mo)

What the Vandercook Lake numbers say

In Vandercook Lake, MI, the median home sold for $176,000 (about $134 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-256 of monthly cash flow. Sold prices moved +2.7% over the past year. Inventory sits at about 5.2 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 Vandercook Lake cash-flowing listings

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