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

Westland, MI has a median modeled monthly cash flow of $-335 and a median cap rate of 4.5%, on a median sold price of $246,150. Prices changed +1.3% year over year.

What is the average cap rate in Westland, MI?

The median cap rate across recently sold homes in Westland, MI is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Westland, MI?

The median sold price in Westland, MI is $246,150 (about $154 per square foot).

Investing in Westland, MI Real Estate

A data-driven snapshot of the Westland, 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.

$246,150Median sold price

$154Median $/sqft

4.5%Median cap rate

$-335Modeled cash flow / mo

+1.3%Appreciation YoY

3.5Months of supply

375Active listings

1,271Sold (last 12 mo)

What the Westland numbers say

In Westland, MI, the median home sold for $246,150 (about $154 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-335 of monthly cash flow. Sold prices moved +1.3% over the past year. Inventory sits at about 3.5 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 Westland cash-flowing listings

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