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

Saugatuck, MI has a median modeled monthly cash flow of $-4,764 and a median cap rate of -0.5%, on a median sold price of $650,000. Prices changed +16.2% year over year.

What is the average cap rate in Saugatuck, MI?

The median cap rate across recently sold homes in Saugatuck, MI is -0.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Saugatuck, MI?

The median sold price in Saugatuck, MI is $650,000 (about $359 per square foot).

Investing in Saugatuck, MI Real Estate

A data-driven snapshot of the Saugatuck, 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.

$650,000Median sold price

$359Median $/sqft

-0.5%Median cap rate

$-4,764Modeled cash flow / mo

+16.2%Appreciation YoY

7.2Months of supply

58Active listings

97Sold (last 12 mo)

What the Saugatuck numbers say

In Saugatuck, MI, the median home sold for $650,000 (about $359 per square foot), and the typical deal models out to a -0.5% cap rate with a median $-4,764 of monthly cash flow. Sold prices moved +16.2% over the past year. Inventory sits at about 7.2 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 Saugatuck cash-flowing listings

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