Grand Marais Investment Analysis
Investment Property in Grand Marais, MI
Grand Marais, MI Real Estate Investment Performance
$ 372,450
Median
1,361
Avg/Sq.ft.
2.00%
Traditional
5.00%
Airbnb
12
Investment
34
Airbnb
N/A
Traditional
57%
Airbnb occupancy rate
Grand Marais, MI Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Grand Marais, MI
$399,900
MLS 24-166
Single Family Residential
CAP RATE
Trad.
4.04%
Airbnb
7.69%
$345,000
MLS 50142180
Single Family Residential
CAP RATE
Trad.
1.78%
Airbnb
7.11%
$325,000
MLS 50143239
Single Family Residential
CAP RATE
Trad.
2.65%
Airbnb
5.49%
$329,900
MLS 24-359
Single Family Residential
CAP RATE
Trad.
1.32%
Airbnb
5.37%
$499,900
MLS 24-170
Single Family Residential
CAP RATE
Trad.
1.15%
Airbnb
3.14%
$875,000
MLS 22-647
Single Family Residential
CAP RATE
Trad.
0.86%
Airbnb
1.64%
$679,000
MLS 24-284
Single Family Residential
CAP RATE
Trad.
0.15%
Airbnb
1.30%
$769,000
MLS 50142295
Single Family Residential
CAP RATE
Trad.
0.05%
Airbnb
1.16%
Single Family Houses for Sale in Grand Marais, MI
$399,900
MLS 24-166
Single Family Residential
CAP RATE
Trad.
4.04%
Airbnb
7.69%
$345,000
MLS 50142180
Single Family Residential
CAP RATE
Trad.
1.78%
Airbnb
7.11%
$325,000
MLS 50143239
Single Family Residential
CAP RATE
Trad.
2.65%
Airbnb
5.49%
$329,900
MLS 24-359
Single Family Residential
CAP RATE
Trad.
1.32%
Airbnb
5.37%
$499,900
MLS 24-170
Single Family Residential
CAP RATE
Trad.
1.15%
Airbnb
3.14%
$875,000
MLS 22-647
Single Family Residential
CAP RATE
Trad.
0.86%
Airbnb
1.64%
$679,000
MLS 24-284
Single Family Residential
CAP RATE
Trad.
0.15%
Airbnb
1.30%
$769,000
MLS 50142295
Single Family Residential
CAP RATE
Trad.
0.05%
Airbnb
1.16%
Popular Blog Posts
Popular Airbnb Topics
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Vacation Rental Marketing: How to Boost Bookings with 21 Actionable Tips
Mar 27 2024
, by Daniela Andreevska
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Mar 26 2024
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Grand Marais, MI
$110 per night
Airbnb occupancy rate 66%
Cabin 0 · 0 · 2
Rental Income: $2,200 per month
279
$375 per night
Airbnb occupancy rate 67%
House 3 · 3 · 8
Rental Income: $7,656 per month
197
$200 per night
Airbnb occupancy rate 82%
Guesthouse 3 · 1 · 6
Rental Income: $4,983 per month
138
$200 per night
Airbnb occupancy rate 34%
Cabin 3 · 1 · 9
Rental Income: $2,067 per month
111
$153 per night
Airbnb occupancy rate 80%
Cottage 2 · 1 · 6
Rental Income: $3,710 per month
87
$158 per night
Airbnb occupancy rate 91%
Cottage 1 · 1 · 4
Rental Income: $4,398 per month
82
$201 per night
Airbnb occupancy rate 99%
Guesthouse 1 · 1 · 2
Rental Income: $6,064 per month
81
$181 per night
Airbnb occupancy rate 86%
Cottage 2 · 1 · 6
Rental Income: $4,766 per month
74
Real Estate Investment Analysis - Other Cities in michigan
| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Holt | $299,000 | 5% | 5% | $1,928 | $2,266 | 19 | 75% |
| Walled Lake | $314,900 | 4% | 6% | $2,313 | $3,235 | 33 | 72% |
| Wixom | $408,888 | 4% | 7% | $2,614 | $4,200 | 33 | 72% |
| Trenton | $249,900 | 5% | 9% | $1,794 | $3,817 | 29 | 71% |
| Riverview | $189,900 | 6% | 9% | $2,512 | $3,420 | 15 | 70% |
| Farmington | $289,900 | 4% | 6% | $1,530 | $2,591 | 15 | 68% |
| Wyandotte | $175,000 | 5% | 7% | $1,431 | $2,128 | 43 | 67% |
| Grosse Ile | $457,450 | 4% | 10% | $2,729 | $3,878 | 24 | 66% |
| Milford | $499,900 | 4% | 5% | $3,366 | $4,214 | 51 | 65% |
| Lincoln Park | $145,000 | 8% | 12% | $1,395 | $2,550 | 61 | 64% |
| Fowlerville | $310,000 | 5% | 11% | $2,302 | $1,841 | 17 | 64% |
| Highland | $479,950 | 3% | 5% | $2,692 | $4,214 | 42 | 61% |
| Haslett | $424,900 | 3% | 5% | $2,492 | $3,410 | 21 | 61% |
| Okemos | $470,000 | 3% | 3% | $2,568 | $3,625 | 27 | 59% |
| Clinton Township | $260,000 | 5% | 4% | $2,098 | $2,378 | 139 | 58% |
| Mount Clemens | $209,000 | 6% | 8% | $1,629 | $2,708 | 29 | 57% |
| Garden City | $210,000 | 5% | 4% | $1,675 | $1,941 | 39 | 54% |
| Lake Orion | $482,450 | 4% | 5% | $2,596 | $3,411 | 60 | 53% |
| Traverse City | $469,900 | 3% | 6% | $2,452 | $5,049 | 412 | 51% |
| Redford | $203,500 | 6% | 6% | $1,716 | $2,581 | 252 | 50% |
Vacation Rentals for Sale in michigan
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