Canton, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Canton, MI. Based on 10+ datapoints.
Canton, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4%
Avg Cash on Cash
-10.4%
Median Cashflow
-$637/mo
Avg Rent Estimate
$2,577/mo
Avg Price
$406,362
Price Range
$295,900 - $665,500
Rent to Price
0.63%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Canton, MI
Canton, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 10+ analyzed properties, the median monthly cashflow in Canton, MI is -$637 with average rents of $2,577/month. Properties range from $295,900 to $665,500, offering entry points across multiple investment budgets.
Canton, MI Rental Market Insights
- •Median cashflow is -$637/month — careful deal selection is essential here
- •4% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Canton, MI requires selective property picks
- •Mid-to-upper tier market with properties from $295,900 to $665,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs