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

Walled Lake, MI has a median modeled monthly cash flow of $-548 and a median cap rate of 3.8%, on a median sold price of $263,000. Prices changed +2.2% year over year.

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

The median cap rate across recently sold homes in Walled Lake, MI is 3.8%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Walled Lake, MI is $263,000 (about $182 per square foot).

Investing in Walled Lake, MI Real Estate

A data-driven snapshot of the Walled 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.

$263,000Median sold price

$182Median $/sqft

3.8%Median cap rate

$-548Modeled cash flow / mo

+2.2%Appreciation YoY

9.1Months of supply

99Active listings

131Sold (last 12 mo)

What the Walled Lake numbers say

In Walled Lake, MI, the median home sold for $263,000 (about $182 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-548 of monthly cash flow. Sold prices moved +2.2% over the past year. Inventory sits at about 9.1 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 Walled Lake cash-flowing listings

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