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

Wetmore, MI has a median modeled monthly cash flow of $-2,650 and a median cap rate of 0.7%, on a median sold price of $295,000. Prices changed -8.7% year over year.

What is the average cap rate in Wetmore, MI?

The median cap rate across recently sold homes in Wetmore, MI is 0.7%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wetmore, MI?

The median sold price in Wetmore, MI is $295,000 (about $293 per square foot).

Investing in Wetmore, MI Real Estate

A data-driven snapshot of the Wetmore, 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.

$295,000Median sold price

$293Median $/sqft

0.7%Median cap rate

$-2,650Modeled cash flow / mo

-8.7%Appreciation YoY

0.7Months of supply

2Active listings

33Sold (last 12 mo)

What the Wetmore numbers say

In Wetmore, MI, the median home sold for $295,000 (about $293 per square foot), and the typical deal models out to a 0.7% cap rate with a median $-2,650 of monthly cash flow. Sold prices moved -8.7% over the past year. Inventory sits at about 0.7 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 Wetmore cash-flowing listings

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