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

Bellaire, MI has a median modeled monthly cash flow of $-1,252 and a median cap rate of 1.5%, on a median sold price of $198,500. Prices changed +1.4% year over year.

What is the average cap rate in Bellaire, MI?

The median cap rate across recently sold homes in Bellaire, MI is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bellaire, MI?

The median sold price in Bellaire, MI is $198,500 (about $219 per square foot).

Investing in Bellaire, MI Real Estate

A data-driven snapshot of the Bellaire, 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.

$198,500Median sold price

$219Median $/sqft

1.5%Median cap rate

$-1,252Modeled cash flow / mo

+1.4%Appreciation YoY

0.8Months of supply

15Active listings

236Sold (last 12 mo)

What the Bellaire numbers say

In Bellaire, MI, the median home sold for $198,500 (about $219 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,252 of monthly cash flow. Sold prices moved +1.4% over the past year. Inventory sits at about 0.8 months of supply — a tight, seller-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 Bellaire cash-flowing listings

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