Luther Investment Analysis
Investment Property in Luther, MI
Luther, MI Real Estate Investment Performance
$ 139,900
Median
1,479
Avg/Sq.ft.
5.00%
Traditional
1.00%
Airbnb
11
Investment
5
Airbnb
N/A
Traditional
31%
Airbnb occupancy rate
Luther, MI Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Luther, MI
$595,900
MLS 23032239
Single Family Residential
CAP RATE
Trad.
4.07%
Airbnb
0.67%
$595,900
MLS 1915052
Single Family Residential
CAP RATE
Trad.
4.01%
Airbnb
0.67%
$1,190,000
MLS 23003758
Single Family Residential
CAP RATE
Trad.
-0.06%
Airbnb
-0.41
$50,000
MLS 24003920
Single Family Residential
CAP RATE
Trad.
12.68%
Airbnb
N/A
$79,000
MLS 24012096
Single Family Residential
CAP RATE
Trad.
11.59%
Airbnb
N/A
$100,000
MLS 1922036
Single Family Residential
CAP RATE
Trad.
8.18%
Airbnb
N/A
$139,900
MLS 24023795
Single Family Residential
CAP RATE
Trad.
5.96%
Airbnb
N/A
$129,900
MLS 22022633
Single Family Residential
CAP RATE
Trad.
5.78%
Airbnb
N/A
Single Family Houses for Sale in Luther, MI
$595,900
MLS 23032239
Single Family Residential
CAP RATE
Trad.
4.07%
Airbnb
0.67%
$595,900
MLS 1915052
Single Family Residential
CAP RATE
Trad.
4.01%
Airbnb
0.67%
$1,190,000
MLS 23003758
Single Family Residential
CAP RATE
Trad.
-0.06%
Airbnb
-0.41
$50,000
MLS 24003920
Single Family Residential
CAP RATE
Trad.
12.68%
Airbnb
N/A
$79,000
MLS 24012096
Single Family Residential
CAP RATE
Trad.
11.59%
Airbnb
N/A
$100,000
MLS 1922036
Single Family Residential
CAP RATE
Trad.
8.18%
Airbnb
N/A
$139,900
MLS 24023795
Single Family Residential
CAP RATE
Trad.
5.96%
Airbnb
N/A
$129,900
MLS 22022633
Single Family Residential
CAP RATE
Trad.
5.78%
Airbnb
N/A
Popular Blog Posts
Popular Airbnb Topics
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![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2021/12/how-to-calculate-vacancy-rate-585x390.jpg)
![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2024/03/Vacation-Rental-Marketing-585x390.jpeg)
Vacation Rental Marketing: How to Boost Bookings with 21 Actionable Tips
Mar 27 2024
, by Daniela Andreevska
![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2024/03/Airbnb-Amenities-585x390.jpeg)
The Ultimate Guide to Airbnb Amenities: Elevating Guest Experience
Mar 26 2024
, by Daniela Andreevska
Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Luther, MI
$215 per night
Airbnb occupancy rate 30%
Cabin 2 · 2 · 8
Rental Income: $1,974 per month
11
$151 per night
Airbnb occupancy rate 34%
Cabin 3 · 1 · 7
Rental Income: $1,570 per month
11
$326 per night
Airbnb occupancy rate 42%
Cabin 5 · 3.5 · 14
Rental Income: $4,157 per month
9
$329 per night
Airbnb occupancy rate 26%
Condominium 3 · 2 · 9
Rental Income: $2,605 per month
7
$206 per night
Airbnb occupancy rate 31%
Cottage 3 · 1 · 6
Rental Income: $1,957 per month
3
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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