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

Wolf Lake, MI has a median modeled monthly cash flow of $-181 and a median cap rate of 5.1%, on a median sold price of $208,000. Prices changed +31.3% year over year.

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

The median cap rate across recently sold homes in Wolf Lake, MI is 5.1%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Wolf Lake, MI is $208,000 (about $166 per square foot).

Investing in Wolf Lake, MI Real Estate

A data-driven snapshot of the Wolf 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.

$208,000Median sold price

$166Median $/sqft

5.1%Median cap rate

$-181Modeled cash flow / mo

+31.3%Appreciation YoY

3.8Months of supply

30Active listings

96Sold (last 12 mo)

What the Wolf Lake numbers say

In Wolf Lake, MI, the median home sold for $208,000 (about $166 per square foot), and the typical deal models out to a 5.1% cap rate with a median $-181 of monthly cash flow. Sold prices moved +31.3% over the past year. Inventory sits at about 3.8 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 Wolf Lake cash-flowing listings

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