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

Bear Lake, MI has a median modeled monthly cash flow of $-688 and a median cap rate of 2.8%, on a median sold price of $210,000. Prices changed +12.4% 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 2.8%, 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 $210,000 (about $191 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.

$210,000Median sold price

$191Median $/sqft

2.8%Median cap rate

$-688Modeled cash flow / mo

+12.4%Appreciation YoY

5.8Months of supply

43Active listings

89Sold (last 12 mo)

What the Bear Lake numbers say

In Bear Lake, MI, the median home sold for $210,000 (about $191 per square foot), and the typical deal models out to a 2.8% cap rate with a median $-688 of monthly cash flow. Sold prices moved +12.4% over the past year. Inventory sits at about 5.8 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 3 fix-and-flip deals in Bear Lake — listings where the estimated after-repair value beats list price + rehab.

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.