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

Dimondale, MI has a median modeled monthly cash flow of $-1,009 and a median cap rate of 2.4%, on a median sold price of $296,500. Prices changed +6.2% year over year.

What is the average cap rate in Dimondale, MI?

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

What is the median home price in Dimondale, MI?

The median sold price in Dimondale, MI is $296,500 (about $154 per square foot).

Investing in Dimondale, MI Real Estate

A data-driven snapshot of the Dimondale, 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.

$296,500Median sold price

$154Median $/sqft

2.4%Median cap rate

$-1,009Modeled cash flow / mo

+6.2%Appreciation YoY

1.2Months of supply

6Active listings

61Sold (last 12 mo)

What the Dimondale numbers say

In Dimondale, MI, the median home sold for $296,500 (about $154 per square foot), and the typical deal models out to a 2.4% cap rate with a median $-1,009 of monthly cash flow. Sold prices moved +6.2% over the past year. Inventory sits at about 1.2 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 Dimondale cash-flowing listings

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