Is Bear Lake, MI a good place to invest in rental property?

Bear Lake, MI has a median modeled monthly cash flow of $-721 and a median cap rate of 3.0%, on a median sold price of $180,000. Prices changed +5.5% year over year.

What is the average cap rate in Bear Lake, MI?

The median cap rate across recently sold homes in Bear Lake, MI is 3.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bear Lake, MI?

The median sold price in Bear Lake, MI is $180,000 (about $182 per square foot).

Investing in Bear Lake, MI Real Estate

A data-driven snapshot of the Bear Lake, 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.

$180,000Median sold price

$182Median $/sqft

3.0%Median cap rate

$-721Modeled cash flow / mo

+5.5%Appreciation YoY

8.5Months of supply

53Active listings

75Sold (last 12 mo)

What the Bear Lake numbers say

In Bear Lake, MI, the median home sold for $180,000 (about $182 per square foot), and the typical deal models out to a 3.0% cap rate with a median $-721 of monthly cash flow. Sold prices moved +5.5% over the past year. Inventory sits at about 8.5 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 Bear Lake cash-flowing listings

CashFlowRE ranks every for-sale home in Bear Lake, 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 Bear Lake deals, or browse the national market data.