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Calhoun vs Dalton for Rental Property Investing

Side-by-side comparison of Calhoun, GA and Dalton, GA — cap rates, rent, prices, and investment metrics.

Dalton wins 3–0 across key metrics
Dalton leads on cash flow (5.07% vs 4.86% cap rate) · Calhoun leads on population growth
Metric
Calhoun, GA
Dalton, GA
Est. Cap Rate
4.86%
5.07%
Median Home Price
$275,000
$245,000
Median Monthly Rent
$1,610
$1,480
1% Rule
0.59%
0.60%
GRM
14.2x
13.8x
Price / Income
5.6x
5.0x
Property Tax Rate
0.93%
0.93%
Vacancy Rate
6.2%
6.2%
Population Growth
0.9% / yr
0.9% / yr
Annual Appreciation
2.9%
2.9%
Population
50,000
50,000
Median Income
$49,350
$49,350

Calhoun vs Dalton: Which Is Better for Investors?

Cash flow: Dalton has the edge with an estimated cap rate of 5.07% compared to Calhoun's 4.86%. Neither city passes the 1% rule outright, so deal sourcing and value-add strategies become more important. Median home prices are $275,000 in Calhoun vs $245,000 in Dalton, while rents come in at $1,610/mo and $1,480/mo respectively. For context, the national average cap rate is 3.81% and average price is $333K.

Growth & appreciation: Calhoun is growing faster at 0.9% annually vs Dalton's 0.9%. Calhoun leads on home value appreciation at 2.9% per year.

Costs & risk: Property taxes are 0.93% in Calhoun vs 0.93% in Dalton. Vacancy rates of 6.2% and 6.2% are mixed — Dalton has the tighter rental market.

Entry point: Dalton offers a lower entry at $245K vs Calhoun's $275K — a difference of $30K. With a 20% down payment, that's $49K vs $55K. Dalton combines the lower price with a higher cap rate — a compelling combination.

Bottom line: Dalton edges out Calhoun on most key metrics. With a 5.07% cap rate, it offers solid cash flow potential. Use our free calculators to model specific deals in Calhoun or Dalton.

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Calhoun, GA
4.86% cap rate · $275,000 median · $1,610/mo
Full analysis →
Dalton, GA
5.07% cap rate · $245,000 median · $1,480/mo
Full analysis →

Frequently Asked Questions

Is Calhoun or Dalton better for rental investing?
Dalton wins 3–0 across our 7 key metrics. Dalton's 5.07% cap rate and $245K median price give it the edge overall.
What is the cap rate difference between Calhoun and Dalton?
Calhoun has a 4.86% cap rate vs Dalton's 5.07% — a difference of 0.21 percentage points. This is a relatively small difference — other factors like growth, taxes, and local market conditions may matter more. For context, the national average is 3.81%.
Which city has lower property taxes?
Dalton has lower property taxes at 0.93% vs 0.93%. On a $260K property, that's a difference of approximately $279/year in tax expense — money that goes directly to (or from) your cash flow.
Which city is growing faster?
Calhoun is growing at 0.9% annually vs Dalton's 0.9%. Moderate growth provides stable demand. Calhoun's appreciation rate of 2.9% also leads on home value growth.

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