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

Waverly, MI has a median modeled monthly cash flow of $-395 and a median cap rate of 4.6%, on a median sold price of $273,450. Prices changed +3.7% year over year.

What is the average cap rate in Waverly, MI?

The median cap rate across recently sold homes in Waverly, MI is 4.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Waverly, MI?

The median sold price in Waverly, MI is $273,450 (about $141 per square foot).

Investing in Waverly, MI Real Estate

A data-driven snapshot of the Waverly, 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.

$273,450Median sold price

$141Median $/sqft

4.6%Median cap rate

$-395Modeled cash flow / mo

+3.7%Appreciation YoY

1.7Months of supply

43Active listings

298Sold (last 12 mo)

What the Waverly numbers say

In Waverly, MI, the median home sold for $273,450 (about $141 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-395 of monthly cash flow. Sold prices moved +3.7% over the past year. Inventory sits at about 1.7 months of supply — a tight, seller-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 Waverly cash-flowing listings

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