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

Walled Lake, MI has a median modeled monthly cash flow of $-578 and a median cap rate of 3.8%, on a median sold price of $258,000. Prices changed +0.5% 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 $258,000 (about $183 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.

$258,000Median sold price

$183Median $/sqft

3.8%Median cap rate

$-578Modeled cash flow / mo

+0.5%Appreciation YoY

7.0Months of supply

79Active listings

135Sold (last 12 mo)

What the Walled Lake numbers say

In Walled Lake, MI, the median home sold for $258,000 (about $183 per square foot), and the typical deal models out to a 3.8% cap rate with a median $-578 of monthly cash flow. Sold prices moved +0.5% over the past year. Inventory sits at about 7.0 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 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.