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

Bingham Farms, MI has a median modeled monthly cash flow of $-3,706 and a median cap rate of 1.5%, on a median sold price of $700,000. Prices changed -12.1% year over year.

What is the average cap rate in Bingham Farms, MI?

The median cap rate across recently sold homes in Bingham Farms, MI is 1.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Bingham Farms, MI?

The median sold price in Bingham Farms, MI is $700,000 (about $204 per square foot).

Investing in Bingham Farms, MI Real Estate

A data-driven snapshot of the Bingham Farms, 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.

$700,000Median sold price

$204Median $/sqft

1.5%Median cap rate

$-3,706Modeled cash flow / mo

-12.1%Appreciation YoY

1.5Months of supply

4Active listings

33Sold (last 12 mo)

What the Bingham Farms numbers say

In Bingham Farms, MI, the median home sold for $700,000 (about $204 per square foot), and the typical deal models out to a 1.5% cap rate with a median $-3,706 of monthly cash flow. Sold prices moved -12.1% over the past year. Inventory sits at about 1.5 months of supply — a tight, seller-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 Farms cash-flowing listings

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