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

Parkdale, MI has a median modeled monthly cash flow of $-345 and a median cap rate of 4.5%, on a median sold price of $289,950. Prices changed +27.5% year over year.

What is the average cap rate in Parkdale, MI?

The median cap rate across recently sold homes in Parkdale, MI is 4.5%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Parkdale, MI?

The median sold price in Parkdale, MI is $289,950 (about $197 per square foot).

Investing in Parkdale, MI Real Estate

A data-driven snapshot of the Parkdale, 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.

$289,950Median sold price

$197Median $/sqft

4.5%Median cap rate

$-345Modeled cash flow / mo

+27.5%Appreciation YoY

0.4Months of supply

1Active listings

32Sold (last 12 mo)

What the Parkdale numbers say

In Parkdale, MI, the median home sold for $289,950 (about $197 per square foot), and the typical deal models out to a 4.5% cap rate with a median $-345 of monthly cash flow. Sold prices moved +27.5% over the past year. Inventory sits at about 0.4 months of supply — a tight, seller-friendly market. 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 Parkdale cash-flowing listings

CashFlowRE ranks every for-sale home in Parkdale, 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 Parkdale deals, or browse the national market data.