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

Wolverine Lake, MI has a median modeled monthly cash flow of $-1,172 and a median cap rate of 2.6%, on a median sold price of $320,000. Prices changed +2.7% year over year.

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

The median cap rate across recently sold homes in Wolverine Lake, MI is 2.6%, based on CashFlowRE's rent and expense modeling.

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

The median sold price in Wolverine Lake, MI is $320,000 (about $193 per square foot).

Investing in Wolverine Lake, MI Real Estate

A data-driven snapshot of the Wolverine 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.

$320,000Median sold price

$193Median $/sqft

2.6%Median cap rate

$-1,172Modeled cash flow / mo

+2.7%Appreciation YoY

3.8Months of supply

22Active listings

70Sold (last 12 mo)

What the Wolverine Lake numbers say

In Wolverine Lake, MI, the median home sold for $320,000 (about $193 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,172 of monthly cash flow. Sold prices moved +2.7% 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 Wolverine Lake cash-flowing listings

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