Garden City, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Garden City, MI. Based on 10+ datapoints.
Garden City, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-7.8%
Median Cashflow
-$402/mo
Avg Rent Estimate
$1,846/mo
Avg Price
$242,154
Price Range
$199,900 - $288,200
Rent to Price
0.76%
okay ratio
Positive Cashflow
7%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Garden City, MI
Garden City, 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 4.8% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Garden City, MI is -$402 with average rents of $1,846/month. Properties range from $199,900 to $288,200, offering entry points across multiple investment budgets.
Garden City, MI Rental Market Insights
- •Median cashflow is -$402/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 7% positive cashflow rate, Garden City, MI requires selective property picks
- •Moderately priced market with properties from $199,900 to $288,200
- •Early-stage market data — revisit as more properties are analyzed for stronger signals