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

Chikaming, MI has a median modeled monthly cash flow of $-3,352 and a median cap rate of 0.9%, on a median sold price of $760,000. Prices changed +18.0% year over year.

What is the average cap rate in Chikaming, MI?

The median cap rate across recently sold homes in Chikaming, MI is 0.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Chikaming, MI?

The median sold price in Chikaming, MI is $760,000 (about $485 per square foot).

Investing in Chikaming, MI Real Estate

A data-driven snapshot of the Chikaming, 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.

$760,000Median sold price

$485Median $/sqft

0.9%Median cap rate

$-3,352Modeled cash flow / mo

+18.0%Appreciation YoY

25.5Months of supply

100Active listings

47Sold (last 12 mo)

What the Chikaming numbers say

In Chikaming, MI, the median home sold for $760,000 (about $485 per square foot), and the typical deal models out to a 0.9% cap rate with a median $-3,352 of monthly cash flow. Sold prices moved +18.0% over the past year. Inventory sits at about 25.5 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 Chikaming cash-flowing listings

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