Real Estate Investing in Suttons Bay, Michigan
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Should you buy in Suttons Bay, MI? Our answer, based on the numbers below.
Proceed carefully. Weak appreciation or affordability makes this a harder case for most buyers.
A middle-of-the-road market. Workable, but the best opportunities may be nearby ZIPs rather than this one.
- High vacancy: 26.9% of homes vacant — above national norms.
What’s happening in Suttons Bay, MI?
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Market Trends — Suttons Bay, MI
Home Value History
Investing in Suttons Bay Real Estate
Suttons Bay, MI covers 1 ZIP codes and a population but the investment metrics here are sluggish — this is not a market to enter casually.
firmly Suttons Bay's aggregate rating of ★★★☆☆ reflects subdued investor metrics across the board — weak rent growth, weak appreciation, and rising-vacancy pressure in multiple ZIPs.
firmly Suttons Bay's sale market has not rewarded patience. a harder case for listings sit longer, price cuts are common, and rent growth has been flat to negative in multiple ZIPs.
Demographics in Suttons Bay show real pressure — median income of $N/AK is modest relative to rents, and the 0% renter share includes significant cost-burdened households.
Best ZIP codes in Traverse City, MI
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Landlord Ground Truth
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ZIP Codes in Suttons Bay, MI
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View PlansFrequently Asked Questions About Suttons Bay, MI
Is the tenant base reliable in Suttons Bay, MI?
The renter base in Suttons Bay, MI is reasonable for the $1,242/mo price point. Screening well and pricing to market typically yields stable tenants.
What is the investability score for Suttons Bay, MI?
Yes - Suttons Bay, MI a 3.0/5 investability score. With $642K home prices against $1,242/mo monthly rent, the market delivers a reasonable entry point for new investors.
What is it like being a landlord in Suttons Bay, MI?
MI law landlord-friendly for landlords, and Suttons Bay inherits those rules. Investors should still review local ordinances for rental licensing.
What do rentals go for in Suttons Bay, MI?
Average rent in Suttons Bay, MI is approximately $1,242/mo per month. Against $642K home values that yields a reasonable rent-to-price ratio.
How much should I expect to pay for a home in Suttons Bay, MI?
Expect median prices around $642K in Suttons Bay, MI. The market has run at a 0.0% 5-year CAGR, so entry costs have been reliable.
Community Ratings
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