Ishpeming Investment Analysis

Investment Property in Ishpeming, MI

Ishpeming, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 192,500

Median

1,466

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

7.00%

Airbnb
NUMBER OF PROPERTIES

23

Investment

31

Airbnb

1

Traditional

55%

Airbnb occupancy rate

Ishpeming, MI Properties Rental Prices

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Investment Properties for Sale in Ishpeming, MI

Investment Properties for Sale
$167,500
MLS 50137422
Ishpeming
Single Family Residential
3 beds 2 baths 1,466 sq.ft.
CAP RATE Trad. 8.27% Airbnb 10.22%
Investment Properties for Sale
$119,000
MLS 50116188
Ishpeming
Single Family Residential
2 beds 1 baths 658 sq.ft.
CAP RATE Trad. 8.39% Airbnb 8.89%
Investment Properties for Sale
$192,500
MLS 50141202
Ishpeming
Single Family Residential
3 beds 2 baths 1,660 sq.ft.
CAP RATE Trad. 6.63% Airbnb 8.56%
Investment Properties for Sale
$229,900
MLS 50141273
Ishpeming
Single Family Residential
3 beds 1 baths 981 sq.ft.
CAP RATE Trad. 4.08% Airbnb 7.81%
Investment Properties for Sale
$219,900
MLS 50143906
Ishpeming
Single Family Residential
3 beds 2 baths 1,420 sq.ft.
CAP RATE Trad. 5.85% Airbnb 7.18%
Investment Properties for Sale
$225,000
MLS 50140179
Ishpeming
Single Family Residential
3 beds 2 baths 1,536 sq.ft.
CAP RATE Trad. 5.44% Airbnb 6.95%
Investment Properties for Sale
$149,900
MLS 50130850
Ishpeming
Single Family Residential
2 beds 1 baths 1,700 sq.ft.
CAP RATE Trad. 5.60% Airbnb 6.90%
Investment Properties for Sale
$259,900
MLS 50141194
Ishpeming
Single Family Residential
3 beds 2 baths 2,296 sq.ft.
CAP RATE Trad. 4.58% Airbnb 5.68%

Single Family Houses for Sale in Ishpeming, MI

Investment Properties for Sale
$167,500
MLS 50137422
Ishpeming
Single Family Residential
3 beds 2 baths 1,466 sq.ft.
CAP RATE Trad. 8.27% Airbnb 10.22%
Investment Properties for Sale
$119,000
MLS 50116188
Ishpeming
Single Family Residential
2 beds 1 baths 658 sq.ft.
CAP RATE Trad. 8.39% Airbnb 8.89%
Investment Properties for Sale
$192,500
MLS 50141202
Ishpeming
Single Family Residential
3 beds 2 baths 1,660 sq.ft.
CAP RATE Trad. 6.63% Airbnb 8.56%
Investment Properties for Sale
$229,900
MLS 50141273
Ishpeming
Single Family Residential
3 beds 1 baths 981 sq.ft.
CAP RATE Trad. 4.08% Airbnb 7.81%
Investment Properties for Sale
$219,900
MLS 50143906
Ishpeming
Single Family Residential
3 beds 2 baths 1,420 sq.ft.
CAP RATE Trad. 5.85% Airbnb 7.18%
Investment Properties for Sale
$225,000
MLS 50140179
Ishpeming
Single Family Residential
3 beds 2 baths 1,536 sq.ft.
CAP RATE Trad. 5.44% Airbnb 6.95%
Investment Properties for Sale
$149,900
MLS 50130850
Ishpeming
Single Family Residential
2 beds 1 baths 1,700 sq.ft.
CAP RATE Trad. 5.60% Airbnb 6.90%
Investment Properties for Sale
$259,900
MLS 50141194
Ishpeming
Single Family Residential
3 beds 2 baths 2,296 sq.ft.
CAP RATE Trad. 4.58% Airbnb 5.68%

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Ishpeming, MI

☀️Latitude Adjustment
$41 per night Airbnb occupancy rate 78%
Apartment 0 · 1 · 2
Rental Income: $977 per month
5
374
Maurice
$68 per night Airbnb occupancy rate 53%
Apartment 1 · 1 · 2
Rental Income: $1,105 per month
5
111
Large 2 bedroom Apt (longterm discounts)
$96 per night Airbnb occupancy rate 99%
Apartment 2 · 1 · 2
Rental Income: $2,888 per month
5
83
Grandma's House
$131 per night Airbnb occupancy rate 69%
House 2 · 1.5 · 4
Rental Income: $2,762 per month
5
74
Mom’s Place is a relaxing place to unwind.
$99 per night Airbnb occupancy rate 55%
Apartment 2 · 1 · 5
Rental Income: $1,675 per month
5
73
Modern-Ish Downtown, 2 bedroom lower unit
$87 per night Airbnb occupancy rate 59%
Apartment 2 · 1 · 5
Rental Income: $1,559 per month
5
72
Lake Bancroft Cottage
$138 per night Airbnb occupancy rate 55%
Cottage 2 · 1 · 9
Rental Income: $2,300 per month
5
67
Park St Retreat- Newly Renovated 3BR Home
$203 per night Airbnb occupancy rate 87%
House 4 · 2 · 7
Rental Income: $5,380 per month
5
63

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 $282,400 5% 6% $2,029 $2,240 20 75%
Rockwood $295,999 4% 11% $1,838 $4,736 11 75%
Wixom $408,888 4% 7% $2,660 $4,185 31 72%
Newport $456,000 4% 8% $2,562 $5,386 15 72%
Walled Lake $314,900 4% 8% $2,282 $3,446 35 71%
Trenton $249,900 5% 8% $1,794 $3,643 31 70%
Grosse Ile $450,000 4% 10% $2,726 $3,739 23 70%
Riverview $189,900 6% 9% $2,512 $3,272 17 69%
Farmington $289,900 4% 5% $1,530 $2,667 13 67%
Milford $525,000 4% 5% $3,405 $4,236 55 66%
Wyandotte $175,000 5% 7% $1,392 $2,067 40 65%
Haslett $424,900 4% 5% $2,492 $3,536 21 65%
Highland $499,900 4% 5% $2,834 $4,236 41 63%
Lincoln Park $144,900 8% 12% $1,402 $2,598 59 62%
Okemos $479,950 3% 3% $2,693 $3,799 28 61%
Garden City $209,700 5% 5% $1,660 $2,236 44 60%
Canton $430,000 4% 4% $2,799 $3,895 135 60%
Mount Clemens $204,450 6% 6% $1,691 $2,598 28 57%
Clinton Township $272,450 5% 4% $2,121 $2,247 150 57%
Lake Orion $489,900 4% 5% $2,819 $3,512 63 52%
View all michigan cities

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