Norton Shores Investment Analysis

Investment Property in Norton Shores, MI

Norton Shores, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 304,900

Median

2,012

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

9.00%

Airbnb
NUMBER OF PROPERTIES

60

Investment

40

Airbnb

1

Traditional

56%

Airbnb occupancy rate

Norton Shores, MI Properties Rental Prices

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Investment Properties for Sale in Norton Shores, MI

Investment Properties for Sale
$349,900
MLS 24026579
Norton Shores
Single Family Residential
4 beds 4 baths 2,282 sq.ft.
CAP RATE Trad. 7.76% Airbnb 10.12%
Investment Properties for Sale
$299,900
MLS 24015237
Norton Shores
Single Family Residential
3 beds 2 baths 1,753 sq.ft.
CAP RATE Trad. 4.21% Airbnb 10.02%
Investment Properties for Sale
$309,900
MLS 23026933
Norton Shores
Single Family Residential
5 beds 3 baths 3,000 sq.ft.
CAP RATE Trad. 7.15% Airbnb 8.92%
Investment Properties for Sale
$324,900
MLS 24026551
Norton Shores
Condo/Coop
3 beds 3 baths 2,494 sq.ft.
CAP RATE Trad. 4.83% Airbnb 8.40%
Investment Properties for Sale
$369,000
MLS 24018472
Norton Shores
Condo/Coop
3 beds 3 baths 1,516 sq.ft.
CAP RATE Trad. 5.52% Airbnb 8.11%
Investment Properties for Sale
$349,900
MLS 24009457
Norton Shores
Single Family Residential
3 beds 3 baths 2,059 sq.ft.
CAP RATE Trad. 4.59% Airbnb 8.05%
Investment Properties for Sale
$429,900
MLS 24006214
Norton Shores
Single Family Residential
4 beds 2 baths 2,639 sq.ft.
CAP RATE Trad. 2.92% Airbnb 7.87%
Investment Properties for Sale
$389,900
MLS 24019613
Norton Shores
Condo/Coop
4 beds 3 baths 2,317 sq.ft.
CAP RATE Trad. 3.53% Airbnb 7.77%

Single Family Houses for Sale in Norton Shores, MI

Investment Properties for Sale
$349,900
MLS 24026579
Norton Shores
Single Family Residential
4 beds 4 baths 2,282 sq.ft.
CAP RATE Trad. 7.76% Airbnb 10.12%
Investment Properties for Sale
$299,900
MLS 24015237
Norton Shores
Single Family Residential
3 beds 2 baths 1,753 sq.ft.
CAP RATE Trad. 4.21% Airbnb 10.02%
Investment Properties for Sale
$309,900
MLS 23026933
Norton Shores
Single Family Residential
5 beds 3 baths 3,000 sq.ft.
CAP RATE Trad. 7.15% Airbnb 8.92%
Investment Properties for Sale
$349,900
MLS 24009457
Norton Shores
Single Family Residential
3 beds 3 baths 2,059 sq.ft.
CAP RATE Trad. 4.59% Airbnb 8.05%
Investment Properties for Sale
$429,900
MLS 24006214
Norton Shores
Single Family Residential
4 beds 2 baths 2,639 sq.ft.
CAP RATE Trad. 2.92% Airbnb 7.87%
Investment Properties for Sale
$385,000
MLS 24025765
Norton Shores
Single Family Residential
3 beds 3 baths 2,871 sq.ft.
CAP RATE Trad. 4.94% Airbnb 7.50%
Investment Properties for Sale
$342,900
MLS 24018854
Norton Shores
Single Family Residential
3 beds 3 baths 1,300 sq.ft.
CAP RATE Trad. 4.38% Airbnb 7.36%
Investment Properties for Sale
$389,900
MLS 24016931
Norton Shores
Single Family Residential
3 beds 3 baths 3,010 sq.ft.
CAP RATE Trad. 4.47% Airbnb 7.32%

Condos for Sale in Norton Shores, MI

Investment Properties for Sale
$324,900
MLS 24026551
Norton Shores
Condo/Coop
3 beds 3 baths 2,494 sq.ft.
CAP RATE Trad. 4.83% Airbnb 8.40%
Investment Properties for Sale
$369,000
MLS 24018472
Norton Shores
Condo/Coop
3 beds 3 baths 1,516 sq.ft.
CAP RATE Trad. 5.52% Airbnb 8.11%
Investment Properties for Sale
$389,900
MLS 24019613
Norton Shores
Condo/Coop
4 beds 3 baths 2,317 sq.ft.
CAP RATE Trad. 3.53% Airbnb 7.77%
Investment Properties for Sale
$199,900
MLS 24017955
Norton Shores
Condo/Coop
2 beds 2 baths 1,600 sq.ft.
CAP RATE Trad. 5.99% Airbnb 6.89%

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Airbnb Vacation Rentals in Norton Shores, MI

Dunes View Cozy Studio Near Lake Michigan w/ Sauna
$103 per night Airbnb occupancy rate 57%
Guest suite 0 · 1 · 2
Rental Income: $1,777 per month
5
408
Hoffmaster Lake Michigan Retreat
$160 per night Airbnb occupancy rate 67%
House 4 · 2 · 8
Rental Income: $3,293 per month
5
205
A Wave From It All
$248 per night Airbnb occupancy rate 44%
Guest suite 1 · 1 · 2
Rental Income: $3,327 per month
5
158
Funky musical cottage near Lake Michigan
$143 per night Airbnb occupancy rate 73%
House 2 · 1 · 6
Rental Income: $3,194 per month
5
158
"Luxury Lakeside Bliss: 4BR Gem with Hot Tub"
$308 per night Airbnb occupancy rate 60%
Cottage 4 · 3 · 10
Rental Income: $5,672 per month
5
137
Luxury on Lake Michigan
$528 per night Airbnb occupancy rate 52%
House 6 · 3.5 · 16
Rental Income: $8,360 per month
5
109
Idyllic Lake Michigan Retreat in Norton Shores
$217 per night Airbnb occupancy rate 77%
Cottage 3 · 1 · 6
Rental Income: $5,100 per month
5
103
Private Beach Retreat - South Cabin - Relax Enjoy!
$507 per night Airbnb occupancy rate 28%
Cottage 2 · 1 · 6
Rental Income: $4,352 per month
5
95

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%
View all michigan cities

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