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

Bruce, MI has a median modeled monthly cash flow of $-1,824 and a median cap rate of 1.5%, on a median sold price of $557,450. Prices changed +21.8% year over year.

What is the average cap rate in Bruce, MI?

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

What is the median home price in Bruce, MI?

The median sold price in Bruce, MI is $557,450 (about $212 per square foot).

Investing in Bruce, MI Real Estate

A data-driven snapshot of the Bruce, 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.

$557,450Median sold price

$212Median $/sqft

1.5%Median cap rate

$-1,824Modeled cash flow / mo

+21.8%Appreciation YoY

12.8Months of supply

100Active listings

94Sold (last 12 mo)

What the Bruce numbers say

In Bruce, MI, the median home sold for $557,450 (about $212 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-1,824 of monthly cash flow. Sold prices moved +21.8% over the past year. Inventory sits at about 12.8 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 Bruce cash-flowing listings

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