Ottawa Lake Investment Analysis

Investment Property in Ottawa Lake, MI

Ottawa Lake, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 240,000

Median

3,797

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

3

Investment

15

Airbnb

1

Traditional

64%

Airbnb occupancy rate

Ottawa Lake, MI Properties Rental Prices

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Airbnb Vacation Rentals in Ottawa Lake, MI

Deluxe Private Suite - Sylvania-Toledo Amazing!
$75 per night Airbnb occupancy rate 84%
Guest suite 1 · 1 · 2
Rental Income: $1,919 per month
5
386
The Gas Lantern Cottage @ Donovan's Corner
$246 per night Airbnb occupancy rate 68%
Cottage 3 · 2 · 6
Rental Income: $5,084 per month
5
144
Trellis Way
$171 per night Airbnb occupancy rate 64%
Bungalow 2 · 1 · 4
Rental Income: $3,349 per month
5
115
Cheerful, charming three bedroom home with hot tub
$164 per night Airbnb occupancy rate 37%
House 3 · 1.5 · 6
Rental Income: $1,872 per month
5
102
Cheerful 3-Bedroom Westgate Ranch
$142 per night Airbnb occupancy rate 74%
House 3 · 1.5 · 6
Rental Income: $3,219 per month
5
59
Ottawa Lake Home w/BBQ Patio, 15 Mi to Toledo
$230 per night Airbnb occupancy rate 64%
House 2 · 2.5 · 6
Rental Income: $4,485 per month
5
50
Historic Ottawa Lake House: Deck, Barn + 96 Acres!
$296 per night Airbnb occupancy rate 66%
House 3 · 2.5 · 10
Rental Income: $5,994 per month
5
41
King size comfort #3
$105 per night Airbnb occupancy rate 55%
House 2 · 1 · 4
Rental Income: $1,750 per month
5
35

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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