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
4.8%
Avg Cash on Cash
-7.9%
Median Cashflow
-$418/mo
Avg Rent Estimate
$2,583/mo
Avg Price
$408,591
Price Range
$256,600 - $733,000
Rent to Price
0.63%
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 4.8%, 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 -$418 with average rents of $2,583/month. Properties range from $256,600 to $733,000, offering entry points across multiple investment budgets.
1874 Fox Prairie Rd, Saint Joseph, MI 49085
Price
$605,000
Rent
$3,100
CachFlow
-$1,743
CoC
-16.46
Saint Joseph, MI Rental Market Insights
- •Median cashflow is -$418/month — careful deal selection is essential here
- •4.8% 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