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

Detroit Beach, MI has a median modeled monthly cash flow of $-175 and a median cap rate of 5.3%, on a median sold price of $220,000. Prices changed +6.7% year over year.

What is the average cap rate in Detroit Beach, MI?

The median cap rate across recently sold homes in Detroit Beach, MI is 5.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Detroit Beach, MI?

The median sold price in Detroit Beach, MI is $220,000 (about $160 per square foot).

Investing in Detroit Beach, MI Real Estate

A data-driven snapshot of the Detroit Beach, 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.

$220,000Median sold price

$160Median $/sqft

5.3%Median cap rate

$-175Modeled cash flow / mo

+6.7%Appreciation YoY

1.2Months of supply

4Active listings

39Sold (last 12 mo)

What the Detroit Beach numbers say

In Detroit Beach, MI, the median home sold for $220,000 (about $160 per square foot), and the typical deal models out to a 5.3% cap rate with a median $-175 of monthly cash flow. Sold prices moved +6.7% over the past year. Inventory sits at about 1.2 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 Detroit Beach cash-flowing listings

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