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 15+ datapoints.
Grand Rapids, MI Long-Term Rental Investment Snapshot
Based on 15+ long-term rental datapoints
Median Cap Rate
4.3%
Avg Cash on Cash
-9.5%
Median Cashflow
-$508/mo
Avg Rent Estimate
$2,198/mo
Avg Price
$340,493
Price Range
$209,400 - $541,200
Rent to Price
0.65%
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 15+ analyzed properties, the median monthly cashflow in Grand Rapids, MI is -$508 with average rents of $2,198/month. Properties range from $209,400 to $541,200, offering entry points across multiple investment budgets.
4372 Hunsberger Ave NE, Grand Rapids, MI 49525
Price
$403,800
Rent
$2,268
CachFlow
-$944
CoC
-13.36
Grand Rapids, MI Rental Market Insights
- •Median cashflow is -$508/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