Royal Oak, MI Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Royal Oak, MI. Based on 20+ datapoints.
Royal Oak, MI Long-Term Rental Investment Snapshot
Based on 20+ long-term rental datapoints
Median Cap Rate
4.6%
Avg Cash on Cash
-8.5%
Median Cashflow
-$582/mo
Avg Rent Estimate
$2,614/mo
Avg Price
$361,581
Price Range
$260,500 - $491,200
Rent to Price
0.72%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Royal Oak, MI
Royal Oak, MI is an emerging long-term rental market gaining investor attention. With 20+ properties analyzed, early data shows the market is developing. The median cap rate of 4.6% suggests room for early-mover advantage as more rental inventory becomes available.
Based on 20+ analyzed properties, the median monthly cashflow in Royal Oak, MI is -$582 with average rents of $2,614/month. Properties range from $260,500 to $491,200, offering entry points across multiple investment budgets.
200 W Thirteen Mile Rd, Royal Oak, MI 48073
Price
$275,000
Rent
$2,350
CachFlow
-$220
CoC
-4.57
Royal Oak, MI Rental Market Insights
- •Median cashflow is -$582/month — careful deal selection is essential here
- •4.6% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Royal Oak, MI requires selective property picks
- •Mid-to-upper tier market with properties from $260,500 to $491,200
- •Early-stage market data — revisit as more properties are analyzed for stronger signals