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
4.1%
Avg Cash on Cash
-10.5%
Median Cashflow
-$512/mo
Avg Rent Estimate
$1,709/mo
Avg Price
$294,930
Price Range
$182,700 - $470,000
Rent to Price
0.58%
low ratio
Positive Cashflow
0%
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 4.1% 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 -$512 with average rents of $1,709/month. Properties range from $182,700 to $470,000, offering entry points across multiple investment budgets.
Niles, MI Rental Market Insights
- •Median cashflow is -$512/month — careful deal selection is essential here
- •4.1% median cap rate is typical of appreciation-focused markets
- •At 0% 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