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

Wixom, MI has a median modeled monthly cash flow of $-947 and a median cap rate of 2.9%, on a median sold price of $452,000. Prices changed +3.2% year over year.

What is the average cap rate in Wixom, MI?

The median cap rate across recently sold homes in Wixom, MI is 2.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wixom, MI?

The median sold price in Wixom, MI is $452,000 (about $193 per square foot).

Investing in Wixom, MI Real Estate

A data-driven snapshot of the Wixom, 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.

$452,000Median sold price

$193Median $/sqft

2.9%Median cap rate

$-947Modeled cash flow / mo

+3.2%Appreciation YoY

4.0Months of supply

80Active listings

241Sold (last 12 mo)

What the Wixom numbers say

In Wixom, MI, the median home sold for $452,000 (about $193 per square foot), and the typical deal models out to a 2.9% cap rate with a median $-947 of monthly cash flow. Sold prices moved +3.2% over the past year. Inventory sits at about 4.0 months of supply. 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 Wixom cash-flowing listings

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