Is Edgemont Park, MI a good place to invest in rental property?

Edgemont Park, MI has a median modeled monthly cash flow of $-344 and a median cap rate of 4.2%, on a median sold price of $210,000. Prices changed +16.9% year over year.

What is the average cap rate in Edgemont Park, MI?

The median cap rate across recently sold homes in Edgemont Park, MI is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Edgemont Park, MI?

The median sold price in Edgemont Park, MI is $210,000 (about $149 per square foot).

Investing in Edgemont Park, MI Real Estate

A data-driven snapshot of the Edgemont Park, MI rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$210,000Median sold price

$149Median $/sqft

4.2%Median cap rate

$-344Modeled cash flow / mo

+16.9%Appreciation YoY

4.5Months of supply

13Active listings

35Sold (last 12 mo)

What the Edgemont Park numbers say

In Edgemont Park, MI, the median home sold for $210,000 (about $149 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-344 of monthly cash flow. Sold prices moved +16.9% over the past year. Inventory sits at about 4.5 months of supply. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

Other Michigan markets to compare

See Edgemont Park cash-flowing listings

CashFlowRE ranks every for-sale home in Edgemont Park, MI by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Edgemont Park deals, or browse the national market data.