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Saint Joseph, MI Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Saint Joseph, MI. Based on 10+ datapoints.

Saint Joseph, MI Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

4.6%

Avg Cash on Cash

-8%

Median Cashflow

-$451/mo

Avg Rent Estimate

$2,480/mo

Avg Price

$403,760

Price Range

$256,600 - $733,000

Rent to Price

0.61%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Saint Joseph, MI

Saint Joseph, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.6%, 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 10+ analyzed properties, the median monthly cashflow in Saint Joseph, MI is -$451 with average rents of $2,480/month. Properties range from $256,600 to $733,000, offering entry points across multiple investment budgets.

1209 Napier Ave, Saint Joseph, MI 49085

Price

$329,000

Rent

$2,117

CachFlow

-$559

CoC

-9.71

Full Analysis

509 Church St, Saint Joseph, MI 49085

Price

$338,800

Rent

$2,164

CachFlow

-$703

CoC

-11.86

Full Analysis

1461 Silverbrook Ln, Saint Joseph, MI 49085

Price

$373,700

Rent

$2,705

CachFlow

-$277

CoC

-4.24

Full Analysis

2214 Lynn Dr, Saint Joseph, MI 49085

Price

$340,000

Rent

$2,120

CachFlow

-$451

CoC

-7.58

Full Analysis

2602 Willa Dr, Saint Joseph, MI 49085

Price

$256,600

Rent

$2,086

CachFlow

-$93

CoC

-2.07

Full Analysis
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Saint Joseph, MI Rental Market Insights

  • Median cashflow is -$451/month — careful deal selection is essential here
  • 4.6% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Saint Joseph, MI requires selective property picks
  • Mid-to-upper tier market with properties from $256,600 to $733,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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