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

Warren, MI has a median modeled monthly cash flow of $-262 and a median cap rate of 4.9%, on a median sold price of $223,000. Prices changed -0.8% year over year.

What is the average cap rate in Warren, MI?

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

What is the median home price in Warren, MI?

The median sold price in Warren, MI is $223,000 (about $124 per square foot).

Investing in Warren, MI Real Estate

A data-driven snapshot of the Warren, 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.

$223,000Median sold price

$124Median $/sqft

4.9%Median cap rate

$-262Modeled cash flow / mo

-0.8%Appreciation YoY

10.2Months of supply

1,360Active listings

1,602Sold (last 12 mo)

What the Warren numbers say

In Warren, MI, the median home sold for $223,000 (about $124 per square foot), and the typical deal models out to a 4.9% cap rate with a median $-262 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 10.2 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 3 fix-and-flip deals in Warren — listings where the estimated after-repair value beats list price + rehab.

Other Michigan markets to compare

See Warren cash-flowing listings

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