GRAND RAPIDS Investment Analysis

Investment Property in GRAND RAPIDS, MI

city guide background

GRAND RAPIDS, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$300,320

Median

1,833

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

2.00%

Airbnb
NUMBER OF PROPERTIES

990

Investment

2,137

Airbnb

34

Traditional

35%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

582

Number of homes sold

6

Median days on market

100%

Average sale-to-list price ratio

19%

Percentage of listings with price drops

990

Active listings count

804

New listings count

1.4

Months of supply

GRAND RAPIDS, MI Properties Rental Prices

Predict Short-Term Rental Revenue

Want to host your STR property on Airbnb?
Our Airbnb calculator is a free tool to calculate how much can you make on Airbnb.

Airbnb Calculator

Investment Properties for Sale in GRAND RAPIDS, MI

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 10.31%
Investment Properties for Sale
$119,000
MLS 11740607
Ridgemoor
Manufactured Home
4 beds 2 baths N/A sq.ft.
CAP RATE Trad. 8.66% Airbnb 10.31%
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 9.84%
Investment Properties for Sale
$229,900
MLS 26032387
Baxter
Other
4 beds N/A baths N/A sq.ft.
CAP RATE Trad. 9.10% Airbnb 8.70%
Investment Properties for Sale
$175,000
MLS 26036116
South East Community
Single Family Residential
3 beds 2 baths 1,464 sq.ft.
CAP RATE Trad. 10.01% Airbnb 8.38%
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 8.30%
Investment Properties for Sale
$240,000
MLS 26027107
Baxter
Single Family Residential
4 beds 2 baths 1,176 sq.ft.
CAP RATE Trad. 6.39% Airbnb 8.04%
Investment Properties for Sale
$139,900
MLS 26034040
Highland Park
Single Family Residential
3 beds 1 baths 948 sq.ft.
CAP RATE Trad. 8.11% Airbnb 8.00%

Single Family Houses for Sale in GRAND RAPIDS, MI

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 10.31%
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 9.84%
Investment Properties for Sale
$175,000
MLS 26036116
South East Community
Single Family Residential
3 beds 2 baths 1,464 sq.ft.
CAP RATE Trad. 10.01% Airbnb 8.38%
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 8.30%
Investment Properties for Sale
$240,000
MLS 26027107
Baxter
Single Family Residential
4 beds 2 baths 1,176 sq.ft.
CAP RATE Trad. 6.39% Airbnb 8.04%
Investment Properties for Sale
$139,900
MLS 26034040
Highland Park
Single Family Residential
3 beds 1 baths 948 sq.ft.
CAP RATE Trad. 8.11% Airbnb 8.00%
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 7.83%
Investment Properties for Sale
$169,900
MLS 26034267
Roosevelt Park
Single Family Residential
3 beds 1 baths 936 sq.ft.
CAP RATE Trad. 8.79% Airbnb 7.68%

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 6.80%
Investment Properties for Sale
$199,900
MLS 26034100
Westside Connection
Condo/Coop
2 beds 2 baths 980 sq.ft.
CAP RATE Trad. 6.12% Airbnb 6.80%
Investment Properties for Sale
$155,000
MLS 26022684
Alger Heights
Condo/Coop
2 beds 2 baths 910 sq.ft.
CAP RATE Trad. 11.85% Airbnb 5.12%
Investment Properties for Sale
$175,900
MLS 26013139
Ridgemoor
Condo/Coop
2 beds 2 baths 908 sq.ft.
CAP RATE Trad. 6.28% Airbnb 4.66%
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 4.53%
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 4.53%
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 4.53%
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 4.53%

Popular Blog Posts

Looking for
Airbnb Analytics?

Gain vacation rental insights of any US market with our Airbnb data analytics

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in GRAND RAPIDS, MI

Private cozy apartment. 2 mi from downtown GR!
$95 per night Airbnb occupancy rate 61%
Apartment 2 · 0 · 6
Rental Income: $1,773 per month
4.92
862
Live Like a Local - 2 Bedroom Apt by Heritage Hill
$150 per night Airbnb occupancy rate 40%
Apartment 2 · 0 · 4
Rental Income: $1,813 per month
4.87
856
Charming & Cozy - 2 Bedroom Apt by Heritage Hill
$160 per night Airbnb occupancy rate 46%
Apartment 2 · 0 · 4
Rental Income: $2,227 per month
4.87
717
Charming 20th Century Home Adjacent to Downtown
$401 per night Airbnb occupancy rate 22%
House 4 · 0 · 10
Rental Income: $2,673 per month
4.63
606
Windmere Guest Cottage
$168 per night Airbnb occupancy rate 45%
Guesthouse 2 · 0 · 6
Rental Income: $2,310 per month
4.76
571
Female / Queer /
Safe / clean -home away from home
$127 per night Airbnb occupancy rate 34%
Guest suite 3 · 0 · 4
Rental Income: $1,323 per month
4.91
541
Chic Studio Blocks from Downtown
$100 per night Airbnb occupancy rate 47%
Guest suite 1 · 0 · 2
Rental Income: $1,433 per month
4.9
526
Solar Powered Studio Apartment Walkable Eastown
$80 per night Airbnb occupancy rate 53%
Apartment 1 · 0 · 2
Rental Income: $1,287 per month
4.93
490

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
Clinton Township $259,900 5% 1% $1,927 $1,239 161 21%
Redford $170,000 6% 1% $1,390 $1,077 155 21%
Garden City $230,000 5% 1% $1,540 $1,134 110 21%
View all michigan cities

Vacation Rentals for Sale in michigan

Your search for investment property begins and ends here

Use analytics to find lucrative traditional or Airbnb properties in a matter of minutes.

No more spreadsheets, no more searching.