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

Prudenville, MI has a median modeled monthly cash flow of $-322 and a median cap rate of 4.0%, on a median sold price of $190,000. Prices changed +5.4% year over year.

What is the average cap rate in Prudenville, MI?

The median cap rate across recently sold homes in Prudenville, MI is 4.0%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Prudenville, MI?

The median sold price in Prudenville, MI is $190,000 (about $177 per square foot).

Investing in Prudenville, MI Real Estate

A data-driven snapshot of the Prudenville, 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.

$190,000Median sold price

$177Median $/sqft

4.0%Median cap rate

$-322Modeled cash flow / mo

+5.4%Appreciation YoY

0.7Months of supply

11Active listings

201Sold (last 12 mo)

What the Prudenville numbers say

In Prudenville, MI, the median home sold for $190,000 (about $177 per square foot), and the typical deal models out to a 4.0% cap rate with a median $-322 of monthly cash flow. Sold prices moved +5.4% over the past year. Inventory sits at about 0.7 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 Prudenville cash-flowing listings

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