Is Presque Isle Harbor, MI a good place to invest in rental property?

Presque Isle Harbor, MI has a median modeled monthly cash flow of $-1,412 and a median cap rate of 1.9%, on a median sold price of $165,000. Prices changed +41.3% year over year.

What is the average cap rate in Presque Isle Harbor, MI?

The median cap rate across recently sold homes in Presque Isle Harbor, MI is 1.9%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Presque Isle Harbor, MI?

The median sold price in Presque Isle Harbor, MI is $165,000 (about $260 per square foot).

Investing in Presque Isle Harbor, MI Real Estate

A data-driven snapshot of the Presque Isle Harbor, 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.

$165,000Median sold price

$260Median $/sqft

1.9%Median cap rate

$-1,412Modeled cash flow / mo

+41.3%Appreciation YoY

0.5Months of supply

4Active listings

91Sold (last 12 mo)

What the Presque Isle Harbor numbers say

In Presque Isle Harbor, MI, the median home sold for $165,000 (about $260 per square foot), and the typical deal models out to a 1.9% cap rate with a median $-1,412 of monthly cash flow. Sold prices moved +41.3% over the past year. Inventory sits at about 0.5 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 Presque Isle Harbor cash-flowing listings

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