Is Bay City, MI a good place to invest in rental property?

Bay City, MI has a median modeled monthly cash flow of $120 and a median cap rate of 7.4%, on a median sold price of $130,000. Prices changed +4.3% year over year.

What is the average cap rate in Bay City, MI?

The median cap rate across recently sold homes in Bay City, MI is 7.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bay City, MI?

The median sold price in Bay City, MI is $130,000 (about $97 per square foot).

Investing in Bay City, MI Real Estate

#172 cash-flow market in the U.S.

A data-driven snapshot of the Bay City, MI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$130,000Median sold price

$97Median $/sqft

7.4%Median cap rate

$120Modeled cash flow / mo

+4.3%Appreciation YoY

8.1Months of supply

314Active listings

463Sold (last 12 mo)

What the Bay City numbers say

In Bay City, MI, the median home sold for $130,000 (about $97 per square foot), and the typical deal models out to a 7.4% cap rate with a median $120 of monthly cash flow. Sold prices moved +4.3% over the past year. Inventory sits at about 8.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Michigan markets to compare

See Bay City cash-flowing listings

CashFlowRE ranks every for-sale home in Bay City, MI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Bay City deals, or browse the national market data.