GRAND RAPIDS Investment Analysis

Investment Property in GRAND RAPIDS, MI

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GRAND RAPIDS, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$294,848

Median

1,843

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

2.00%

Airbnb
NUMBER OF PROPERTIES

843

Investment

2,120

Airbnb

34

Traditional

32%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

502

Number of homes sold

9

Median days on market

100%

Average sale-to-list price ratio

16%

Percentage of listings with price drops

843

Active listings count

648

New listings count

1.4

Months of supply

GRAND RAPIDS, MI Properties Rental Prices

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Investment Properties for Sale in GRAND RAPIDS, MI

Investment Properties for Sale
$200,000
MLS 26021889
SWAN
Single Family Residential
4 beds 1 baths 1,607 sq.ft.
CAP RATE Trad. 6.71% Airbnb 9.52%
Investment Properties for Sale
$180,000
MLS 26025833
South Hill
Single Family Residential
4 beds 1 baths 1,239 sq.ft.
CAP RATE Trad. 6.45% Airbnb 8.93%
Investment Properties for Sale
$200,000
MLS 26020538
Roosevelt Park
Single Family Residential
4 beds 1 baths 1,248 sq.ft.
CAP RATE Trad. 6.78% Airbnb 8.83%
Investment Properties for Sale
$119,900
MLS 26018899
Baxter
Single Family Residential
3 beds 1 baths 1,197 sq.ft.
CAP RATE Trad. 9.42% Airbnb 8.90%
Investment Properties for Sale
$153,000
MLS 26016959
Baxter
Single Family Residential
3 beds 1 baths 820 sq.ft.
CAP RATE Trad. 7.51% Airbnb 8.73%
Investment Properties for Sale
$200,000
MLS 26000870
Roosevelt Park
Single Family Residential
4 beds 1 baths 1,152 sq.ft.
CAP RATE Trad. 6.17% Airbnb 8.49%
Investment Properties for Sale
$130,000
MLS 26006456
West Grand
Single Family Residential
3 beds 1 baths 1,312 sq.ft.
CAP RATE Trad. 9.92% Airbnb 8.04%
Investment Properties for Sale
$275,000
MLS 26022378
Black Hills
Other
4 beds N/A baths N/A sq.ft.
CAP RATE Trad. 7.25% Airbnb 7.81%

Single Family Houses for Sale in GRAND RAPIDS, MI

Investment Properties for Sale
$200,000
MLS 26021889
SWAN
Single Family Residential
4 beds 1 baths 1,607 sq.ft.
CAP RATE Trad. 6.71% Airbnb 9.52%
Investment Properties for Sale
$180,000
MLS 26025833
South Hill
Single Family Residential
4 beds 1 baths 1,239 sq.ft.
CAP RATE Trad. 6.45% Airbnb 8.93%
Investment Properties for Sale
$200,000
MLS 26020538
Roosevelt Park
Single Family Residential
4 beds 1 baths 1,248 sq.ft.
CAP RATE Trad. 6.78% Airbnb 8.83%
Investment Properties for Sale
$119,900
MLS 26018899
Baxter
Single Family Residential
3 beds 1 baths 1,197 sq.ft.
CAP RATE Trad. 9.42% Airbnb 8.90%
Investment Properties for Sale
$153,000
MLS 26016959
Baxter
Single Family Residential
3 beds 1 baths 820 sq.ft.
CAP RATE Trad. 7.51% Airbnb 8.73%
Investment Properties for Sale
$200,000
MLS 26000870
Roosevelt Park
Single Family Residential
4 beds 1 baths 1,152 sq.ft.
CAP RATE Trad. 6.17% Airbnb 8.49%
Investment Properties for Sale
$130,000
MLS 26006456
West Grand
Single Family Residential
3 beds 1 baths 1,312 sq.ft.
CAP RATE Trad. 9.92% Airbnb 8.04%
Investment Properties for Sale
$199,000
MLS 26021961
Madison Area
Single Family Residential
3 beds 1 baths 1,122 sq.ft.
CAP RATE Trad. 6.14% Airbnb 7.59%

Condos for Sale in GRAND RAPIDS, MI

Investment Properties for Sale
$231,700
MLS 25042856
Black Hills
Condo/Coop
4 beds 2 baths 1,525 sq.ft.
CAP RATE Trad. 7.40% Airbnb 7.48%
Investment Properties for Sale
$194,900
MLS 26025667
Westside Connection
Condo/Coop
2 beds 2 baths 980 sq.ft.
CAP RATE Trad. 6.82% Airbnb 7.03%
Investment Properties for Sale
$231,700
MLS 25042853
Heartside
Condo/Coop
4 beds 2 baths 1,525 sq.ft.
CAP RATE Trad. 7.49% Airbnb 6.21%
Investment Properties for Sale
$231,700
MLS 25042854
Heartside
Condo/Coop
4 beds 2 baths 1,525 sq.ft.
CAP RATE Trad. 7.49% Airbnb 6.21%
Investment Properties for Sale
$231,700
MLS 25042848
Heartside
Condo/Coop
4 beds 2 baths 1,525 sq.ft.
CAP RATE Trad. 7.47% Airbnb 6.21%
Investment Properties for Sale
$231,700
MLS 25042849
Heartside
Condo/Coop
4 beds 2 baths 1,525 sq.ft.
CAP RATE Trad. 7.47% Airbnb 6.21%
Investment Properties for Sale
$231,700
MLS 25042850
Heartside
Condo/Coop
4 beds 2 baths 1,525 sq.ft.
CAP RATE Trad. 7.20% Airbnb 6.21%
Investment Properties for Sale
$199,900
MLS 26027454
Westside Connection
Condo/Coop
2 beds 2 baths 1,100 sq.ft.
CAP RATE Trad. 5.85% Airbnb 6.08%

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Airbnb Vacation Rentals in GRAND RAPIDS, MI

Private cozy apartment. 2 mi from downtown GR!
$98 per night Airbnb occupancy rate 59%
Apartment 2 · 1 · 6
Rental Income: $1,772 per month
4.92
848
Live Like a Local - 2 Bedroom Apt by Heritage Hill
$158 per night Airbnb occupancy rate 31%
Apartment 2 · 1 · 4
Rental Income: $1,488 per month
4.87
847
Charming & Cozy - 2 Bedroom Apt by Heritage Hill
$167 per night Airbnb occupancy rate 42%
Apartment 2 · 1 · 4
Rental Income: $2,143 per month
4.87
709
Charming 20th Century Home Adjacent to Downtown
$406 per night Airbnb occupancy rate 16%
House 4 · 2 · 10
Rental Income: $1,962 per month
4.63
606
Windmere Guest Cottage
$174 per night Airbnb occupancy rate 54%
Entire guesthouse 2 · 1 · 6
Rental Income: $2,842 per month
4.76
565
city views and rooftop hot tub in the heart of GR!
$185 per night Airbnb occupancy rate 67%
Condominium 2 · 2 · 4
Rental Income: $3,746 per month
4.96
541
Female / Queer /
Safe / clean -home away from home
$133 per night Airbnb occupancy rate 35%
Guest suite 3 · 1 · 4
Rental Income: $1,397 per month
4.91
531
Chic Studio Blocks from Downtown
$104 per night Airbnb occupancy rate 40%
Guest suite 1 · 1 · 2
Rental Income: $1,265 per month
4.89
512

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
Redford $169,900 6% 1% $1,387 $991 167 19%
Clinton Township $259,950 5% 1% $2,030 $1,365 160 21%
Lincoln Park $164,900 6% 2% $1,388 $1,126 109 29%
View all michigan cities

Vacation Rentals for Sale in michigan

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