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

Northport, MI has a median modeled monthly cash flow of $-7,126 and a median cap rate of -1.0%, on a median sold price of $475,000. Prices changed -26.6% year over year.

What is the average cap rate in Northport, MI?

The median cap rate across recently sold homes in Northport, MI is -1.0%, 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 $475,000 (about $320 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.

$475,000Median sold price

$320Median $/sqft

-1.0%Median cap rate

$-7,126Modeled cash flow / mo

-26.6%Appreciation YoY

1.3Months of supply

6Active listings

57Sold (last 12 mo)

What the Northport numbers say

In Northport, MI, the median home sold for $475,000 (about $320 per square foot), and the typical deal models out to a -1.0% cap rate with a median $-7,126 of monthly cash flow. Sold prices moved -26.6% over the past year. Inventory sits at about 1.3 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.