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

Caledonia, MI has a median modeled monthly cash flow of $-1,592 and a median cap rate of 2.4%, on a median sold price of $440,000. Prices changed +8.2% year over year.

What is the average cap rate in Caledonia, MI?

The median cap rate across recently sold homes in Caledonia, MI is 2.4%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Caledonia, MI?

The median sold price in Caledonia, MI is $440,000 (about $212 per square foot).

Investing in Caledonia, MI Real Estate

A data-driven snapshot of the Caledonia, 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.

$440,000Median sold price

$212Median $/sqft

2.4%Median cap rate

$-1,592Modeled cash flow / mo

+8.2%Appreciation YoY

8.4Months of supply

236Active listings

337Sold (last 12 mo)

What the Caledonia numbers say

In Caledonia, MI, the median home sold for $440,000 (about $212 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,592 of monthly cash flow. Sold prices moved +8.2% over the past year. Inventory sits at about 8.4 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 Caledonia cash-flowing listings

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