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

East Bay, MI has a median modeled monthly cash flow of $-1,354 and a median cap rate of 2.5%, on a median sold price of $363,450. Prices changed -1.6% 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 2.5%, 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 $363,450 (about $244 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.

$363,450Median sold price

$244Median $/sqft

2.5%Median cap rate

$-1,354Modeled cash flow / mo

-1.6%Appreciation YoY

12.5Months of supply

220Active listings

212Sold (last 12 mo)

What the East Bay numbers say

In East Bay, MI, the median home sold for $363,450 (about $244 per square foot), and the typical deal models out to a 2.5% cap rate with a median $-1,354 of monthly cash flow. Sold prices moved -1.6% over the past year. Inventory sits at about 12.5 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 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.