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
4.9%
Avg Cash on Cash
-9.5%
Median Cashflow
-$261/mo
Avg Rent Estimate
$1,705/mo
Avg Price
$279,875
Price Range
$182,700 - $470,000
Rent to Price
0.61%
low ratio
Positive Cashflow
15%
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 4.9% 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 -$261 with average rents of $1,705/month. Properties range from $182,700 to $470,000, offering entry points across multiple investment budgets.
Niles, MI Rental Market Insights
- •Median cashflow is -$261/month — careful deal selection is essential here
- •4.9% median cap rate is typical of appreciation-focused markets
- •At 15% 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