Best ZIP Codes for Cash Flow in Niles, MI (2026)

Ranked by cap rate — the annual return on the purchase price before financing. ZIPs that also clear the 1% rule are marked.

# ZIP City Home value Rent Cap rate 5-yr growth
1 49022 Benton Harbor, MI $161,783 $978 4.72% 4.2%
2 49098 Watervliet, MI $243,420 $1,260 4.04% 5.4%
3 49120 Niles, MI $217,121 $1,094 3.93% 5.4%
4 49126 Sodus, MI $228,753 $1,107 3.77% 1.1%
5 49085 Saint Joseph, MI $345,029 $1,646 3.72% 5.9%
6 49113 Galien, MI $250,828 $1,035 3.22% 6.3%
7 49107 Buchanan, MI $246,300 $963 3.05% 5.4%
8 49038 Coloma, MI $256,854 $1,000 3.04% 6.3%
9 49102 Berrien Center, MI $301,976 $1,161 3.00% 5.1%
10 49111 Eau Claire, MI $268,806 $1,035 3.00% 6.1%
11 49127 Stevensville, MI $343,573 $1,259 2.86% 6.8%
12 49103 Oronoko, MI $308,088 $1,098 2.78% 6.3%
13 49106 Bridgman, MI $350,674 $1,242 2.76% 5.6%
14 49101 Baroda, MI $341,679 $1,134 2.59% 6.1%
15 49128 Three Oaks, MI $367,975 $1,116 2.37% 6.3%
16 49125 Sawyer, MI $463,590 $936 1.57% 7.3%
17 49117 New Buffalo, MI $678,093 $936 1.08% 6.9%
18 49129 Union Pier, MI $807,031 $936 0.90% 7.5%
19 49115 Harbert, MI $863,942 $954 0.86% —
20 49116 Lakeside, MI $995,737 $1,071 0.84% —

Ranked from Repit’s own ZIP-level data — Zillow home values and rents, HUD fair-market rents where Zillow has no coverage, and U.S. Census vacancy. Cap rate is gross: annual rent over purchase price, before financing and expenses. Every ZIP above links to its full free page. How we calculate this →

Same metro, different strategy

Appreciation in Niles, MI  ·  Affordable in Niles, MI

Or see the full Niles, MI metro profile.