Grand Rapids, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Grand Rapids, MI. Based on 20+ datapoints.
Grand Rapids, MI Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-9.4%
Median Cashflow
-$537/mo
Avg Rent Estimate
$2,126/mo
Avg Price
$339,196
Price Range
$209,400 - $541,200
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 Grand Rapids, MI
Grand Rapids, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, 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 20+ analyzed properties, the median monthly cashflow in Grand Rapids, MI is -$537 with average rents of $2,126/month. Properties range from $209,400 to $541,200, offering entry points across multiple investment budgets.
147 Brownell St SE, Grand Rapids, MI 49548
Price
$318,100
Rent
$1,777
CachFlow
-$641
CoC
-11.51
961 Maplerow Ave NW, Grand Rapids, MI 49534
Price
$350,000
Rent
$2,158
CachFlow
-$431
CoC
-7.04
2926 Chamberlain Ave SE, Grand Rapids, MI 49508
Price
$359,900
Rent
$2,013
CachFlow
-$688
CoC
-10.92
1116 Atlantic St NW, Grand Rapids, MI 49504
Price
$299,900
Rent
$1,532
CachFlow
-$537
CoC
-10.23
Grand Rapids, MI Rental Market Insights
- •Median cashflow is -$537/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Grand Rapids, MI requires selective property picks
- •Mid-to-upper tier market with properties from $209,400 to $541,200
- •Consider this market if your strategy favors equity growth with rental income covering holding costs