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Royal Oak, MI Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Royal Oak, MI. Based on 30+ datapoints.

Royal Oak, MI Mid-Term Rental Investment Snapshot

Based on 30+ mid-term rental datapoints

Median Cap Rate

6.2%

Avg Cash on Cash

-1.3%

Median Cashflow

-$58/mo

Avg Rent Estimate

$3,802/mo

Avg Price

$384,337

Price Range

$234,000 - $534,800

Rent to Price

0.99%

okay ratio

Positive Cashflow

43%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Royal Oak, MI

Royal Oak, MI presents a balanced mid-term rental profile across 30+ analyzed datapoints. A median 6.2% cap rate combined with -1.3% average cash-on-cash returns make this a solid market for investors blending furnished-rental yield with the operational simplicity of monthly stays at a mid-to-upper tier price point.

Across 30+ analyzed properties, Royal Oak, MI mid-term rental investments show a median monthly cashflow of -$58 with average furnished rent estimates of $3,802/month. These figures reflect real property data, not projections.

3143 Prairie Ave, Royal Oak, MI 48073

Price

$340,100

Rent

$3,213

CachFlow

$42

CoC

0.56

Full Analysis

704 N Edison Ave, Royal Oak, MI 48067

Price

$340,900

Rent

$3,501

CachFlow

$101

CoC

1.35

Full Analysis

4133 Berkshire Rd, Royal Oak, MI 48073

Price

$534,800

Rent

$5,124

CachFlow

-$137

CoC

-1.26

Full Analysis

131 N Campbell Rd, Royal Oak, MI 48067

Price

$368,000

Rent

$3,792

CachFlow

$18

CoC

0.23

Full Analysis

2218 Sprague Ave, Royal Oak, MI 48067

Price

$256,700

Rent

$2,868

CachFlow

$161

CoC

2.69

Full Analysis
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Royal Oak, MI Mid-Term Rental Market Insights

  • Median cashflow is -$58/month — careful deal selection is essential here
  • 6.2% median cap rate reflects a balanced risk-return profile
  • 43% positive cashflow rate means roughly two in five properties are cash-flow positive
  • Mid-to-upper tier market with properties from $234,000 to $534,800

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