Norway Investment Analysis

Investment Property in Norway, MI

Norway, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 137,950

Median

1,499

Avg/Sq.ft.
CASH ON CASH RETURN

10.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

6

Investment

4

Airbnb

2

Traditional

36%

Airbnb occupancy rate

Norway, MI Properties Rental Prices

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Investment Properties for Sale in Norway, MI

Investment Properties for Sale
$136,000
MLS 50136792
Norway
Single Family Residential
4 beds 2 baths 1,792 sq.ft.
CAP RATE Trad. 11.64% Airbnb N/A
Investment Properties for Sale
$149,900
MLS 50143411
Norway
Single Family Residential
3 beds 2 baths 1,355 sq.ft.
CAP RATE Trad. 9.69% Airbnb N/A
Investment Properties for Sale
$117,500
MLS 50139018
Norway
Single Family Residential
4 beds 1 baths 1,286 sq.ft.
CAP RATE Trad. 8.90% Airbnb N/A
Investment Properties for Sale
$197,900
MLS 50143098
Norway
Manufactured Home
2 beds 2 baths 1,092 sq.ft.
CAP RATE Trad. 6.04% Airbnb N/A

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Airbnb Vacation Rentals in Norway, MI

Waterfront Peninsula Escape Cabin w Hot Tub
$433 per night Airbnb occupancy rate 41%
Cabin 5 · 2.5 · 16
Rental Income: $5,376 per month
5
26
Beautiful Lake Home, on ATV & Snowmobile Trail
$207 per night Airbnb occupancy rate 36%
House 3 · 2 · 12
Rental Income: $2,243 per month
5
17
Kayaker Paradise:Large Riverfront House on Flowage
$306 per night Airbnb occupancy rate 25%
Cabin 3 · 1.5 · 11
Rental Income: $2,295 per month
5
9
Crooked Lake Escape
$474 per night Airbnb occupancy rate 35%
Cottage 3 · 1 · 16
Rental Income: $5,056 per month
5
9

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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