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

Bingham, MI has a median modeled monthly cash flow of $-1,764 and a median cap rate of 1.3%, on a median sold price of $405,000. Prices changed +0.4% year over year.

What is the average cap rate in Bingham, MI?

The median cap rate across recently sold homes in Bingham, MI is 1.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bingham, MI?

The median sold price in Bingham, MI is $405,000 (about $228 per square foot).

Investing in Bingham, MI Real Estate

A data-driven snapshot of the Bingham, 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.

$405,000Median sold price

$228Median $/sqft

1.3%Median cap rate

$-1,764Modeled cash flow / mo

+0.4%Appreciation YoY

11.6Months of supply

96Active listings

99Sold (last 12 mo)

What the Bingham numbers say

In Bingham, MI, the median home sold for $405,000 (about $228 per square foot), and the typical deal models out to a 1.3% cap rate with a median $-1,764 of monthly cash flow. Sold prices moved +0.4% over the past year. Inventory sits at about 11.6 months of supply — a looser, buyer-friendly market. 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 Bingham cash-flowing listings

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