Is Montcalm County, MI good for real estate investing?

Montcalm County has an investment score of 74/100, rated as "Buy". The county ranks #74 nationally among 1000 counties analyzed.

What is the rent-to-price ratio in Montcalm?

The rent-to-price ratio in Montcalm County is 7.47% annually, which ranks in the 82th percentile nationally. Higher ratios indicate better cash flow potential.

What is the median home price in Montcalm?

The median home price in Montcalm County is $243,783. This ranks #553 in affordability among all US counties.

Can you cash flow on rental properties in Montcalm?

Based on median values with 20% down at current rates, a typical rental in Montcalm County would generate negative cash flow of $292/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Montcalm County

MichiganPopulation: 66,901

/100

Hold

#74 of 1,000 counties

#12 in Michigan (83 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated August 31, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$243,783

Median Home Price

6% above national median

$1,517/mo

Median Rent

5% above national median

7.47%

Rent-to-Price Ratio

Top 18% nationally

-$292

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Scenario comparison

Same $1,517/mo rent assumption, 20% down, 6.85% rate. What changes is the acquisition price.

Scenario	Purchase price	Monthly cash flow	Cap rate	Cash-on-cash
75% of median value-add or distressed	$182,837	+$27/mo	6.5%	+0.8%
Median typical MLS deal	$243,783	-$292/mo	4.8%	-6.3%
125% of median newer / premium	$304,729	-$612/mo	3.9%	-10.5%

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Quick Investment Calculator

Down Payment20%

5%50%100%

Purchase

Purchase Price$243,783

Down Payment (20%)$48,757

Loan Amount$195,026

Interest Rate6.85%

Monthly Cash Flow

Gross Rent+$1,517

Monthly P&I-$1,278

Est. Expenses (35%)-$531

Net Cash Flow-$292/mo

4.8%

Cap Rate (all cash)

-6.3%

Cash-on-Cash Return

7.47%

Rent-to-Price Ratio

Negative leverage: At 6.85% rates, borrowing costs exceed the 4.8% cap rate. All-cash buyers may see better returns.

* Based on county median values. 35% expenses include taxes, insurance, maintenance, vacancy, and property management. Actual results vary by property.

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Score Breakdown

Overall Investment Score

74/100

Cash Flow(30%)

75/100

Based on 7.47% rent-to-price ratio. Higher ratios indicate stronger cash flow potential.

Appreciation(25%)

92/100

Based on 7.1% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

78/100

Based on price relative to estimated local incomes.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Above-average rent-to-price ratio (7.47%)
+Strong price appreciation (+7.1% YoY)
+Affordable relative to local incomes
+Complete rent data available

Challenges

-Negative cash flow at typical financing (-$292/mo)
-Negative leverage (cap rate 4.8% < mortgage rate 6.9%)

Economic Indicators

Population

66,901

Median Income

—

Data pending

Unemployment Rate

—

Data pending

Price-to-Income

—

Data pending

Who this market fits

Best for

+Appreciation buyers: YoY growth is meaningfully above the long-run average
+Patient holders willing to accept negative carry for equity gains
+All-cash buyers: removing debt service flips the cap rate to actual yield
+Value-add operators who can buy below median and force rent up

Skip if

−You need positive cash flow on day one at typical leverage
−You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

County					Verdict
IronMI	75	$138,682	Est. pending	—	Strong Buy	View
BayMI	75	$175,060	$1,143	7.84%	Strong Buy	View
CurrentMontcalmMI	74	$243,783	$1,517	7.47%	Buy
HuronMI	74	$198,226	Est. pending	—	Buy	View
SaginawMI	74	$164,018	$1,059	7.74%	Buy	View
KeweenawMI	73	$196,365	Est. pending	—	Buy	View

The Bottom Line

HoldMontcalm scores well overall, but a typical leveraged buy-and-hold loses $292/mo at current rates. Consider house hacking, value-add, or all-cash; otherwise a worse score with positive cash flow may be the better deal.

Montcalm County in Michigan scores 74/100, ranking #74 of 1,000 US counties (top 9%). At 20% down and current rates, a median-priced rental loses about $292/month; the 7.47% gross rent-to-price ratio doesn't survive debt service. The thesis here is appreciation, value-add, house hacking, or all-cash.

Monthly Cash Flow

$-292/mo

Cap Rate

4.8%

Cash-on-Cash

-6.3%