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%
Avg Cash on Cash
-8%
Median Cashflow
-$491/mo
Avg Rent Estimate
$2,029/mo
Avg Price
$264,200
Price Range
$175K – $400K
approximate
Rent to Price
0.77%
okay ratio
Positive Cashflow
20%
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% 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 -$491 with average rents of $2,029/month. Properties are priced about $175,000 to $400,000, offering entry points across multiple investment budgets.
Oak Park, MI Rental Market Insights
- Median cashflow is -$491/month — careful deal selection is essential here
- 5% median cap rate reflects a balanced risk-return profile
- At 20% positive cashflow rate, Oak Park, MI requires selective property picks
- Moderately priced market with properties priced about $175,000 to $400,000
- Early-stage market data — revisit as more properties are analyzed for stronger signals