Real Estate Investing in Beaver Island, Michigan

Everything the listing leaves out — vacancy, rent trend, cap rate, landlord climate. All free.

1 ZIP codes • Population: 752 • Charlevoix County

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Should you buy in Beaver Island, MI? Our answer, based on the numbers below.

🏠 For Homebuyers
CAUTION
Grade D (48/100)

Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.

📈 For Investors
MIXED
3.0 / 5 (47/100)

A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.

⚠️ Risks to Know
1 flag
  • High vacancy: 64.8% of homes vacant — above national norms.

What’s happening in Beaver Island, MI?

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3.0/ 5

Investability

Citywide average

3.0/ 5

Appreciation

6.6% 5yr CAGR

5.0/ 5

Landlord Climate

Regulatory friendliness

🏦 30-yr Fixed Rate: 6.76% as of Sep 10 Source: Freddie Mac PMMS
Avg Investability
Avg Home Value $363,275
Avg Monthly Rent $918
ZIP Codes 1

Investing in Beaver Island Real Estate

Across Beaver Island's 1 ZIPs, the picture is underwhelming: $363K median values, $918/mo rents, and a population that has faced real economic pressure.

Investors considering Beaver Island, MI should understand what the ★★★☆☆ rating represents — a market with material structural headwinds, not a temporary rough patch.

Transaction volume in Beaver Island has thinned in a way that amplifies price discovery risk. In practical terms, investors without local context should treat every number on the page with skepticism.

Demographics in Beaver Island show real pressure — median income of $N/AK is tepid relative to rents, and the 0% renter share includes significant cost-burdened households.

A great house in the wrong ZIP is still a bad deal — screen every market by cash flow & cap rate.
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Landlord Ground Truth

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Avg Home Value
$363,275
Avg Monthly Rent
$918
1% Rule
✗ Below
Landlord Friendly (MI)

ZIP Codes in Beaver Island, MI

Screen every ZIP in Beaver Island

Filter Beaver Island’s ZIPs by cap rate, vacancy, appreciation and 30+ more criteria, and export your shortlist to CSV — with the Investor plan ($19/mo).

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Frequently Asked Questions About Beaver Island, MI

What kind of vacancy should I budget for in Beaver Island, MI?

Expect elevated vacancy in Beaver Island, MI. Rents at $918/mo are absorbed by the tenant base without meaningful lag.

Is Beaver Island, MI a good place for real estate investing?

The 3.0/5 investability rating in Beaver Island, MI reflects its $363K prices and $918/mo rents. Investors generally consider it a solid option within MI.

Where do home prices stand in Beaver Island, MI?

Typical homes in Beaver Island, MI go for around $363K. The 5-year CAGR of 0.0% predictable price movement.

Are eviction rules reasonable in Beaver Island, MI?

Beaver Island, MI operates under MI law, which is landlord-friendly overall for landlords. Expect stable treatment in typical lease and eviction cases.

What is the tenant pool like in Beaver Island, MI?

Working renters make up the core of the Beaver Island, MI tenant base. The pool is reasonable for investors targeting long-term holds.

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