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

Bear Lake, MI has a median modeled monthly cash flow of $-597 and a median cap rate of 3.2%, on a median sold price of $202,500. Prices changed +11.8% 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 3.2%, 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 $202,500 (about $194 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.

$202,500Median sold price

$194Median $/sqft

3.2%Median cap rate

$-597Modeled cash flow / mo

+11.8%Appreciation YoY

6.7Months of supply

48Active listings

86Sold (last 12 mo)

What the Bear Lake numbers say

In Bear Lake, MI, the median home sold for $202,500 (about $194 per square foot), and the typical deal models out to a 3.2% cap rate with a median $-597 of monthly cash flow. Sold prices moved +11.8% over the past year. Inventory sits at about 6.7 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 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.