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

Suttons Bay, MI has a median modeled monthly cash flow of $-5,052 and a median cap rate of -1.0%, on a median sold price of $650,000. Prices changed -4.2% year over year.

What is the average cap rate in Suttons Bay, MI?

The median cap rate across recently sold homes in Suttons Bay, MI is -1.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Suttons Bay, MI?

The median sold price in Suttons Bay, MI is $650,000 (about $399 per square foot).

Investing in Suttons Bay, MI Real Estate

A data-driven snapshot of the Suttons Bay, 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

$399Median $/sqft

-1.0%Median cap rate

$-5,052Modeled cash flow / mo

-4.2%Appreciation YoY

5.9Months of supply

39Active listings

79Sold (last 12 mo)

What the Suttons Bay numbers say

In Suttons Bay, MI, the median home sold for $650,000 (about $399 per square foot), and the typical deal models out to a -1.0% cap rate with a median $-5,052 of monthly cash flow. Sold prices moved -4.2% over the past year. Inventory sits at about 5.9 months of supply. 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 Suttons Bay cash-flowing listings

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