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

Prudenville, MI has a median modeled monthly cash flow of $-679 and a median cap rate of 3.5%, on a median sold price of $190,000. Prices changed -0.3% year over year.

What is the average cap rate in Prudenville, MI?

The median cap rate across recently sold homes in Prudenville, MI is 3.5%, 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 $174 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

$174Median $/sqft

3.5%Median cap rate

$-679Modeled cash flow / mo

-0.3%Appreciation YoY

2.2Months of supply

30Active listings

164Sold (last 12 mo)

What the Prudenville numbers say

In Prudenville, MI, the median home sold for $190,000 (about $174 per square foot), and the typical deal models out to a 3.5% cap rate with a median $-679 of monthly cash flow. Sold prices moved -0.3% over the past year. Inventory sits at about 2.2 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.