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

Wyandotte, MI has a median modeled monthly cash flow of $-399 and a median cap rate of 4.2%, on a median sold price of $206,000. Prices changed +1.8% year over year.

What is the average cap rate in Wyandotte, MI?

The median cap rate across recently sold homes in Wyandotte, MI is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Wyandotte, MI?

The median sold price in Wyandotte, MI is $206,000 (about $143 per square foot).

Investing in Wyandotte, MI Real Estate

A data-driven snapshot of the Wyandotte, 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.

$206,000Median sold price

$143Median $/sqft

4.2%Median cap rate

$-399Modeled cash flow / mo

+1.8%Appreciation YoY

6.5Months of supply

191Active listings

350Sold (last 12 mo)

What the Wyandotte numbers say

In Wyandotte, MI, the median home sold for $206,000 (about $143 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-399 of monthly cash flow. Sold prices moved +1.8% over the past year. Inventory sits at about 6.5 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 Wyandotte cash-flowing listings

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