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

Chikaming, MI has a median modeled monthly cash flow of $-4,201 and a median cap rate of -0.2%, on a median sold price of $660,000. Prices changed +7.1% year over year.

What is the average cap rate in Chikaming, MI?

The median cap rate across recently sold homes in Chikaming, MI is -0.2%, 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 $660,000 (about $431 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.

$660,000Median sold price

$431Median $/sqft

-0.2%Median cap rate

$-4,201Modeled cash flow / mo

+7.1%Appreciation YoY

13.6Months of supply

58Active listings

51Sold (last 12 mo)

What the Chikaming numbers say

In Chikaming, MI, the median home sold for $660,000 (about $431 per square foot), and the typical deal models out to a -0.2% cap rate with a median $-4,201 of monthly cash flow. Sold prices moved +7.1% over the past year. Inventory sits at about 13.6 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.