Oak Park, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Oak Park, MI. Based on 10+ datapoints.
Oak Park, MI Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
5.3%
Avg Cash on Cash
-7.1%
Median Cashflow
-$372/mo
Avg Rent Estimate
$2,018/mo
Avg Price
$261,137
Price Range
$185,700 - $359,000
Rent to Price
0.77%
okay ratio
Positive Cashflow
17%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Oak Park, MI
Oak Park, MI is an emerging long-term rental market gaining investor attention. With 10+ properties analyzed, early data shows the market is developing. The median cap rate of 5.3% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 10+ analyzed properties, the median monthly cashflow in Oak Park, MI is -$372 with average rents of $2,018/month. Properties range from $185,700 to $359,000, offering entry points across multiple investment budgets.
Oak Park, MI Rental Market Insights
- •Median cashflow is -$372/month — careful deal selection is essential here
- •5.3% median cap rate reflects a balanced risk-return profile
- •At 17% positive cashflow rate, Oak Park, MI requires selective property picks
- •Moderately priced market with properties from $185,700 to $359,000
- •Early-stage market data — revisit as more properties are analyzed for stronger signals