Washington, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Washington, MI. Based on 10+ datapoints.
Washington, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
3.3%
Avg Cash on Cash
-16.4%
Median Cashflow
-$1,322/mo
Avg Rent Estimate
$2,754/mo
Avg Price
$694,783
Price Range
$335,000 - $1,584,500
Rent to Price
0.4%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Washington, MI
Washington, MI is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.3%, typical of premium 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 Washington, MI is -$1,322 with average rents of $2,754/month. Properties range from $335,000 to $1,584,500, offering entry points across multiple investment budgets.
60718 Campground Rd, Washington, MI 48094
Price
$434,400
Rent
$2,349
CachFlow
-$1,020
CoC
-13.42
11883 Liberty Woods Dr, Washington, MI 48094
Price
$415,100
Rent
$2,321
CachFlow
-$1,037
CoC
-14.28
62734 Morningside Dr, Washington, MI 48094
Price
$947,400
Rent
$2,976
CachFlow
-$3,572
CoC
-21.54
Washington, MI Rental Market Insights
- •Median cashflow is -$1,322/month — careful deal selection is essential here
- •3.3% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Washington, MI requires selective property picks
- •Premium market with properties from $335,000 to $1,584,500
- •Consider this market if your strategy favors equity growth with rental income covering holding costs