Niles, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Niles, MI. Based on 10+ datapoints.
Niles, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
5.4%
Avg Cash on Cash
-8%
Median Cashflow
-$230/mo
Avg Rent Estimate
$1,837/mo
Avg Price
$273,055
Price Range
$182,700 - $470,000
Rent to Price
0.67%
low ratio
Positive Cashflow
12%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Niles, MI
Niles, 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 5.4% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Niles, MI is -$230 with average rents of $1,837/month. Properties range from $182,700 to $470,000, offering entry points across multiple investment budgets.
Niles, MI Rental Market Insights
- •Median cashflow is -$230/month — careful deal selection is essential here
- •5.4% median cap rate reflects a balanced risk-return profile
- •At 12% positive cashflow rate, Niles, MI requires selective property picks
- •Mid-to-upper tier market with properties from $182,700 to $470,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals