Is Keweenaw County, MI good for real estate investing?

Keweenaw County has an investment score of 73/100, rated as "Buy". The county ranks #88 nationally among 1000 counties analyzed.

What is the median home price in Keweenaw?

The median home price in Keweenaw County is $196,365. This ranks #360 in affordability among all US counties.

Can you cash flow on rental properties in Keweenaw?

Based on median values with 20% down at current rates, a typical rental in Keweenaw County would generate positive cash flow of $0/month. Individual property performance varies based on purchase price, rent, and operating expenses.

Keweenaw County

MichiganPopulation: 2,088

/100

Buy

#88 of 1,000 counties

#16 in Michigan (83 counties)

Analysis by RentalCalcs ResearchIndependent data + algorithm-driven scoring

Updated January 1, 2026Sources: Zillow ZHVI, Zillow ZORI, US Census ACS, Tax Foundation

Market Snapshot

$196,365

Median Home Price

14% below national median

$11,865/mo

Est. Rent

Based on regional data

6.04%

Rent-to-Price Ratio

Estimated from price data

+$0

Est. Monthly Cash Flow

With 20% down at 6.9% rate

Price History

Median Home Price

Median Rent

Historical data from Zillow ZHVI/ZORI

Score Breakdown

Overall Investment Score

73/100

Cash Flow(30%)

0/100

Rent data not available for cash flow calculation.

Appreciation(25%)

87/100

Based on 5.5% YoY price growth. Moderate growth (3-8%) scores highest.

Stability(25%)

50/100

Population data not available.

Affordability(20%)

77/100

Price-to-income ratio of 3.5x. Lower ratios indicate more affordable markets.

Scores are calculated using real Zillow home value and rent data, Census population data, and economic indicators. The weighted average produces the overall investment score. Markets with missing rent data use estimated values based on regional averages.

Investment Outlook

Strengths

+Strong price appreciation (+5.5% YoY)
+Affordable relative to local incomes

Challenges

-Negative leverage (cap rate 0.0% < mortgage rate 6.9%)
-Limited rent data (estimates used)

Economic Indicators

Population

2,088

Median Income

$55,560

vs $54,921 national est.

Unemployment Rate

—

Data pending

Price-to-Income

3.5x

Moderately affordable

Who this market fits

Best for

+Appreciation buyers: YoY growth is meaningfully above the long-run average

Skip if

−You can't tolerate negative leverage (cap rate below mortgage rate today)

Compare to Nearby Counties

County					Verdict
HuronMI	74	$198,226	Est. pending	—	Buy	View
SaginawMI	74	$164,018	$1,059	7.74%	Buy	View
CurrentKeweenawMI	73	$196,365	Est. pending	—	Buy
MidlandMI	72	$230,644	$1,511	7.86%	Buy	View
GeneseeMI	72	$185,183	$1,077	6.98%	Buy	View
IoniaMI	72	$246,767	Est. pending	—	Buy	View

The Bottom Line

BuyKeweenaw offers solid investment potential with roughly break-even cash flow at typical financing.

Keweenaw County in Michigan scores 73/100, ranking #88 of 1,000 US counties (top 11%). At 20% down and current rates, a median-priced rental roughly breaks even on cash flow. The deal works on appreciation or with better terms, not on month-one cash flow.

Monthly Cash Flow

+$0/mo

Cap Rate

0.0%

Cash-on-Cash

0.0%