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

Stevensville, MI has a median modeled monthly cash flow of $-1,575 and a median cap rate of 2.2%, on a median sold price of $350,500. Prices changed +8.2% year over year.

What is the average cap rate in Stevensville, MI?

The median cap rate across recently sold homes in Stevensville, MI is 2.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Stevensville, MI?

The median sold price in Stevensville, MI is $350,500 (about $171 per square foot).

Investing in Stevensville, MI Real Estate

A data-driven snapshot of the Stevensville, 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.

$350,500Median sold price

$171Median $/sqft

2.2%Median cap rate

$-1,575Modeled cash flow / mo

+8.2%Appreciation YoY

8.1Months of supply

85Active listings

126Sold (last 12 mo)

What the Stevensville numbers say

In Stevensville, MI, the median home sold for $350,500 (about $171 per square foot), and the typical deal models out to a 2.2% cap rate with a median $-1,575 of monthly cash flow. Sold prices moved +8.2% over the past year. Inventory sits at about 8.1 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 Stevensville cash-flowing listings

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