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

Bitely, MI has a median modeled monthly cash flow of $-1,268 and a median cap rate of 4.6%, on a median sold price of $126,000. Prices changed +7.6% year over year.

What is the average cap rate in Bitely, MI?

The median cap rate across recently sold homes in Bitely, MI is 4.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bitely, MI?

The median sold price in Bitely, MI is $126,000 (about $148 per square foot).

Investing in Bitely, MI Real Estate

A data-driven snapshot of the Bitely, 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.

$126,000Median sold price

$148Median $/sqft

4.6%Median cap rate

$-1,268Modeled cash flow / mo

+7.6%Appreciation YoY

0.7Months of supply

2Active listings

32Sold (last 12 mo)

What the Bitely numbers say

In Bitely, MI, the median home sold for $126,000 (about $148 per square foot), and the typical deal models out to a 4.6% cap rate with a median $-1,268 of monthly cash flow. Sold prices moved +7.6% over the past year. Inventory sits at about 0.7 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 Bitely cash-flowing listings

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