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REI Lense

Grand Rapids, MI Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Grand Rapids, MI. Based on 20+ datapoints.

Grand Rapids, MI Mid-Term Rental Investment Snapshot

Based on 20+ mid-term rental datapoints

Median Cap Rate

6.2%

Avg Cash on Cash

-0.5%

Median Cashflow

$23/mo

Avg Rent Estimate

$3,164/mo

Avg Price

$339,568

Price Range

$209,400 - $511,600

Rent to Price

0.93%

okay ratio

Positive Cashflow

55%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Grand Rapids, MI

Grand Rapids, MI is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 20+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -0.5%.

Across 20+ analyzed properties, Grand Rapids, MI mid-term rental investments show a median monthly cashflow of $23 with average furnished rent estimates of $3,164/month. These figures reflect real property data, not projections.

749 Lockwood St NE, Grand Rapids, MI 49503

Price

$303,700

Rent

$3,393

CachFlow

$434

CoC

6.37

Full Analysis

244 Wallinwood Ave NE, Grand Rapids, MI 49503

Price

$362,900

Rent

$3,579

CachFlow

$58

CoC

0.74

Full Analysis

2647 Manitoba Ct NE, Grand Rapids, MI 49525

Price

$794,100

Rent

$3,146

CachFlow

-$2,877

CoC

-18.69

Full Analysis

1944 Lenawee Rd SE, Grand Rapids, MI 49506

Price

$511,600

Rent

$3,460

CachFlow

-$801

CoC

-7.66

Full Analysis

14 Trowbridge St NE, Grand Rapids, MI 49503

Price

$960,200

Rent

$4,728

CachFlow

-$3,324

CoC

-18.16

Full Analysis
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Grand Rapids, MI Mid-Term Rental Market Insights

  • Positive median cashflow of $23/month indicates most investors cover expenses
  • 6.2% median cap rate reflects a balanced risk-return profile
  • 55% positive cashflow rate means roughly half properties are cash-flow positive
  • Mid-to-upper tier market with properties from $209,400 to $511,600
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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