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

Tawas City, MI has a median modeled monthly cash flow of $-588 and a median cap rate of 3.6%, on a median sold price of $200,750. Prices changed -7.1% year over year.

What is the average cap rate in Tawas City, MI?

The median cap rate across recently sold homes in Tawas City, MI is 3.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Tawas City, MI?

The median sold price in Tawas City, MI is $200,750 (about $145 per square foot).

Investing in Tawas City, MI Real Estate

A data-driven snapshot of the Tawas City, 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.

$200,750Median sold price

$145Median $/sqft

3.6%Median cap rate

$-588Modeled cash flow / mo

-7.1%Appreciation YoY

5.8Months of supply

28Active listings

58Sold (last 12 mo)

What the Tawas City numbers say

In Tawas City, MI, the median home sold for $200,750 (about $145 per square foot), and the typical deal models out to a 3.6% cap rate with a median $-588 of monthly cash flow. Sold prices moved -7.1% over the past year. Inventory sits at about 5.8 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 Tawas City cash-flowing listings

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