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
5%
Avg Cash on Cash
-7%
Median Cashflow
-$222/mo
Avg Rent Estimate
$2,487/mo
Avg Price
$320,882
Price Range
$214,900 - $495,000
Rent to Price
0.77%
okay ratio
Positive Cashflow
20%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in East Lansing, MI
East Lansing, MI is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 5% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in East Lansing, MI is -$222 with average rents of $2,487/month. Properties range from $214,900 to $495,000, offering entry points across multiple investment budgets.
1325 Chartwell Carriage Way S, East Lansing, MI 48823
Price
$328,000
Rent
$2,477
CachFlow
-$498
CoC
-8.68
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
East Lansing, MI Rental Market Insights
- •Median cashflow is -$222/month — careful deal selection is essential here
- •5% median cap rate reflects a balanced risk-return profile
- •At 20% positive cashflow rate, East Lansing, MI requires selective property picks
- •Mid-to-upper tier market with properties from $214,900 to $495,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals