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

East Bay, MI has a median modeled monthly cash flow of $-1,265 and a median cap rate of 2.4%, on a median sold price of $360,000. Prices changed -0.8% year over year.

What is the average cap rate in East Bay, MI?

The median cap rate across recently sold homes in East Bay, MI is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in East Bay, MI?

The median sold price in East Bay, MI is $360,000 (about $247 per square foot).

Investing in East Bay, MI Real Estate

A data-driven snapshot of the East Bay, 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.

$360,000Median sold price

$247Median $/sqft

2.4%Median cap rate

$-1,265Modeled cash flow / mo

-0.8%Appreciation YoY

9.9Months of supply

175Active listings

213Sold (last 12 mo)

What the East Bay numbers say

In East Bay, MI, the median home sold for $360,000 (about $247 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,265 of monthly cash flow. Sold prices moved -0.8% over the past year. Inventory sits at about 9.9 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 East Bay cash-flowing listings

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