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

Whitmore Lake, MI has a median modeled monthly cash flow of $-1,125 and a median cap rate of 2.8%, on a median sold price of $405,800. Prices changed +3.3% year over year.

What is the average cap rate in Whitmore Lake, MI?

The median cap rate across recently sold homes in Whitmore Lake, MI is 2.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Whitmore Lake, MI?

The median sold price in Whitmore Lake, MI is $405,800 (about $204 per square foot).

Investing in Whitmore Lake, MI Real Estate

A data-driven snapshot of the Whitmore 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.

$405,800Median sold price

$204Median $/sqft

2.8%Median cap rate

$-1,125Modeled cash flow / mo

+3.3%Appreciation YoY

2.0Months of supply

62Active listings

365Sold (last 12 mo)

What the Whitmore Lake numbers say

In Whitmore Lake, MI, the median home sold for $405,800 (about $204 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-1,125 of monthly cash flow. Sold prices moved +3.3% over the past year. Inventory sits at about 2.0 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 Whitmore Lake cash-flowing listings

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