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

Hillman, MI has a median modeled monthly cash flow of $-145 and a median cap rate of 5.3%, on a median sold price of $185,000. Prices changed +3.3% year over year.

What is the average cap rate in Hillman, MI?

The median cap rate across recently sold homes in Hillman, MI is 5.3%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hillman, MI?

The median sold price in Hillman, MI is $185,000 (about $139 per square foot).

Investing in Hillman, MI Real Estate

A data-driven snapshot of the Hillman, 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.

$185,000Median sold price

$139Median $/sqft

5.3%Median cap rate

$-145Modeled cash flow / mo

+3.3%Appreciation YoY

3.0Months of supply

23Active listings

91Sold (last 12 mo)

What the Hillman numbers say

In Hillman, MI, the median home sold for $185,000 (about $139 per square foot), and the typical deal models out to a 5.3% cap rate with a median $-145 of monthly cash flow. Sold prices moved +3.3% over the past year. Inventory sits at about 3.0 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 Hillman cash-flowing listings

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