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

Woodhaven, MI has a median modeled monthly cash flow of $-748 and a median cap rate of 2.9%, on a median sold price of $279,000. Prices changed +8.1% year over year.

What is the average cap rate in Woodhaven, MI?

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

What is the median home price in Woodhaven, MI?

The median sold price in Woodhaven, MI is $279,000 (about $154 per square foot).

Investing in Woodhaven, MI Real Estate

A data-driven snapshot of the Woodhaven, 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.

$279,000Median sold price

$154Median $/sqft

3.0%Median cap rate

$-748Modeled cash flow / mo

+8.1%Appreciation YoY

6.8Months of supply

73Active listings

128Sold (last 12 mo)

What the Woodhaven numbers say

In Woodhaven, MI, the median home sold for $279,000 (about $154 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-748 of monthly cash flow. Sold prices moved +8.1% over the past year. Inventory sits at about 6.8 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 Woodhaven cash-flowing listings

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