Is Algoma, WI a good place to invest in rental property?

Algoma, WI has a median modeled monthly cash flow of $-1,132 and a median cap rate of 2.5%, on a median sold price of $350,500. Prices changed +6.5% year over year.

What is the average cap rate in Algoma, WI?

The median cap rate across recently sold homes in Algoma, WI is 2.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Algoma, WI?

The median sold price in Algoma, WI is $350,500 (about $172 per square foot).

Investing in Algoma, WI Real Estate

A data-driven snapshot of the Algoma, WI 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.

$350,500Median sold price

$172Median $/sqft

2.5%Median cap rate

$-1,132Modeled cash flow / mo

+6.5%Appreciation YoY

11.1Months of supply

106Active listings

115Sold (last 12 mo)

What the Algoma numbers say

In Algoma, WI, the median home sold for $350,500 (about $172 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,132 of monthly cash flow. Sold prices moved +6.5% over the past year. Inventory sits at about 11.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Wisconsin markets to compare

See Algoma cash-flowing listings

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