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

Bruce, MI has a median modeled monthly cash flow of $-1,683 and a median cap rate of 1.8%, on a median sold price of $600,500. Prices changed +5.8% year over year.

What is the average cap rate in Bruce, MI?

The median cap rate across recently sold homes in Bruce, MI is 1.8%, 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 $600,500 (about $200 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.

$600,500Median sold price

$200Median $/sqft

1.8%Median cap rate

$-1,683Modeled cash flow / mo

+5.8%Appreciation YoY

22.2Months of supply

152Active listings

82Sold (last 12 mo)

What the Bruce numbers say

In Bruce, MI, the median home sold for $600,500 (about $200 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-1,683 of monthly cash flow. Sold prices moved +5.8% over the past year. Inventory sits at about 22.2 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.