East Lansing, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in East Lansing, MI. Based on 10+ datapoints.
East Lansing, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.9%
Avg Cash on Cash
-7.7%
Median Cashflow
-$436/mo
Avg Rent Estimate
$2,482/mo
Avg Price
$350,692
Price Range
$214,900 - $533,800
Rent to Price
0.71%
low ratio
Positive Cashflow
17%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in East Lansing, MI
East Lansing, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.9%, 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 East Lansing, MI is -$436 with average rents of $2,482/month. Properties range from $214,900 to $533,800, offering entry points across multiple investment budgets.
1041 W Grand River Ave, East Lansing, MI 48823
Price
$275,800
Rent
$2,311
CachFlow
-$250
CoC
-5.18
1330 Chartwell Dual Carriage Way, East Lansing, MI 48823
Price
$284,900
Rent
$2,426
CachFlow
-$106
CoC
-2.13
2275 E Lake Lansing Rd, East Lansing, MI 48823
Price
$214,900
Rent
$2,401
CachFlow
$326
CoC
8.67
East Lansing, MI Rental Market Insights
- •Median cashflow is -$436/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 17% positive cashflow rate, East Lansing, MI requires selective property picks
- •Mid-to-upper tier market with properties from $214,900 to $533,800
- •Consider this market if your strategy favors equity growth with rental income covering holding costs