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

Skidway Lake, MI has a median modeled monthly cash flow of $-4 and a median cap rate of 6.3%, on a median sold price of $97,000. Prices changed +0.8% year over year.

What is the average cap rate in Skidway Lake, MI?

The median cap rate across recently sold homes in Skidway Lake, MI is 6.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Skidway Lake, MI?

The median sold price in Skidway Lake, MI is $97,000 (about $126 per square foot).

Investing in Skidway Lake, MI Real Estate

A data-driven snapshot of the Skidway Lake, 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.

$97,000Median sold price

$126Median $/sqft

6.3%Median cap rate

$-4Modeled cash flow / mo

+0.8%Appreciation YoY

3.6Months of supply

38Active listings

128Sold (last 12 mo)

What the Skidway Lake numbers say

In Skidway Lake, MI, the median home sold for $97,000 (about $126 per square foot), and the typical deal models out to a 6.3% cap rate with a median $-4 of monthly cash flow. Sold prices moved +0.8% over the past year. Inventory sits at about 3.6 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 Skidway Lake cash-flowing listings

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