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

Bay City, MI has a median modeled monthly cash flow of $-98 and a median cap rate of 5.5%, on a median sold price of $155,000. Prices changed +2.3% 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 5.5%, 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 $155,000 (about $112 per square foot).

Investing in Bay City, MI Real Estate

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.

$155,000Median sold price

$112Median $/sqft

5.5%Median cap rate

$-98Modeled cash flow / mo

+2.3%Appreciation YoY

5.2Months of supply

347Active listings

795Sold (last 12 mo)

What the Bay City numbers say

In Bay City, MI, the median home sold for $155,000 (about $112 per square foot), and the typical deal models out to a 5.5% cap rate with a median $-98 of monthly cash flow. Sold prices moved +2.3% over the past year. Inventory sits at about 5.2 months of supply. 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.