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

Dexter, MI has a median modeled monthly cash flow of $-2,155 and a median cap rate of 1.8%, on a median sold price of $523,495. Prices changed +9.3% year over year.

What is the average cap rate in Dexter, MI?

The median cap rate across recently sold homes in Dexter, MI is 1.8%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Dexter, MI?

The median sold price in Dexter, MI is $523,495 (about $224 per square foot).

Investing in Dexter, MI Real Estate

A data-driven snapshot of the Dexter, 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.

$523,495Median sold price

$224Median $/sqft

1.8%Median cap rate

$-2,155Modeled cash flow / mo

+9.3%Appreciation YoY

4.4Months of supply

83Active listings

224Sold (last 12 mo)

What the Dexter numbers say

In Dexter, MI, the median home sold for $523,495 (about $224 per square foot), and the typical deal models out to a 1.8% cap rate with a median $-2,155 of monthly cash flow. Sold prices moved +9.3% over the past year. Inventory sits at about 4.4 months of supply. 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 Dexter cash-flowing listings

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