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

Northport, MI has a median modeled monthly cash flow of $-2,423 and a median cap rate of 1.2%, on a median sold price of $484,999. Prices changed -24.2% year over year.

What is the average cap rate in Northport, MI?

The median cap rate across recently sold homes in Northport, MI is 1.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Northport, MI?

The median sold price in Northport, MI is $484,999 (about $296 per square foot).

Investing in Northport, MI Real Estate

A data-driven snapshot of the Northport, 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.

$484,999Median sold price

$296Median $/sqft

1.2%Median cap rate

$-2,423Modeled cash flow / mo

-24.2%Appreciation YoY

2.3Months of supply

6Active listings

32Sold (last 12 mo)

What the Northport numbers say

In Northport, MI, the median home sold for $484,999 (about $296 per square foot), and the typical deal models out to a 1.2% cap rate with a median $-2,423 of monthly cash flow. Sold prices moved -24.2% over the past year. Inventory sits at about 2.3 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 Northport cash-flowing listings

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