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

Hillsdale, MI has a median modeled monthly cash flow of $-1,109 and a median cap rate of 2.6%, on a median sold price of $209,950. Prices changed +11.9% year over year.

What is the average cap rate in Hillsdale, MI?

The median cap rate across recently sold homes in Hillsdale, MI is 2.6%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Hillsdale, MI?

The median sold price in Hillsdale, MI is $209,950 (about $136 per square foot).

Investing in Hillsdale, MI Real Estate

A data-driven snapshot of the Hillsdale, 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.

$209,950Median sold price

$136Median $/sqft

2.6%Median cap rate

$-1,109Modeled cash flow / mo

+11.9%Appreciation YoY

5.6Months of supply

75Active listings

160Sold (last 12 mo)

What the Hillsdale numbers say

In Hillsdale, MI, the median home sold for $209,950 (about $136 per square foot), and the typical deal models out to a 2.6% cap rate with a median $-1,109 of monthly cash flow. Sold prices moved +11.9% over the past year. Inventory sits at about 5.6 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 Hillsdale cash-flowing listings

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