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

Whittemore, MI has a median modeled monthly cash flow of $-42 and a median cap rate of 6.4%, on a median sold price of $125,000. Prices changed -10.6% year over year.

What is the average cap rate in Whittemore, MI?

The median cap rate across recently sold homes in Whittemore, MI is 6.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Whittemore, MI?

The median sold price in Whittemore, MI is $125,000 (about $110 per square foot).

Investing in Whittemore, MI Real Estate

A data-driven snapshot of the Whittemore, 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.

$125,000Median sold price

$110Median $/sqft

6.4%Median cap rate

$-42Modeled cash flow / mo

-10.6%Appreciation YoY

2.3Months of supply

6Active listings

31Sold (last 12 mo)

What the Whittemore numbers say

In Whittemore, MI, the median home sold for $125,000 (about $110 per square foot), and the typical deal models out to a 6.4% cap rate with a median $-42 of monthly cash flow. Sold prices moved -10.6% over the past year. Inventory sits at about 2.3 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 Whittemore cash-flowing listings

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