Alba Investment Analysis

Investment Property in Alba, MI

Alba, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 276,000

Median

2,040

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

6.00%

Airbnb
NUMBER OF PROPERTIES

1

Investment

27

Airbnb

N/A

Traditional

52%

Airbnb occupancy rate

Alba, MI Properties Rental Prices

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Top Alba, MI Neighborhoods - Real Estate Market Analysis

Alba
PROPERTY PRICE

$269,000

Median for city
CAP RATE

N/A

Traditional

4.70%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 2,326

Airbnb

50%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Alba, MI

Up North Getaway Centrally Located With Hot Tub
$254 per night Airbnb occupancy rate 55%
House 5 · 2 · 16
Rental Income: $4,242 per month
5
211
The Guest House
$92 per night Airbnb occupancy rate 63%
House 2 · 1 · 5
Rental Income: $1,785 per month
5
185
Lakes of the North Getaway
$104 per night Airbnb occupancy rate 49%
Cottage 3 · 1.5 · 6
Rental Income: $1,560 per month
5
133
The Stargazer! Your Northern Michigan area stay
$182 per night Airbnb occupancy rate 54%
House 2 · 2 · 11
Rental Income: $3,021 per month
5
126
"The Love Shack" Tiny House Getaway
$101 per night Airbnb occupancy rate 52%
Guesthouse 0 · 1 · 4
Rental Income: $1,616 per month
5
108
Cozy Lake House
$104 per night Airbnb occupancy rate 72%
Cottage 1 · 1 · 4
Rental Income: $2,288 per month
5
99
Camp Bomber
$204 per night Airbnb occupancy rate 46%
Cabin 4 · 2 · 10
Rental Income: $2,876 per month
5
74
Tiny house snowmobile/ATV get away cabin
$94 per night Airbnb occupancy rate 26%
Guesthouse null · 1 · 3
Rental Income: $752 per month
5
74

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
Walled Lake $298,500 4% 2% $2,009 $1,400 34 72%
Wixom $459,900 4% 4% $2,712 $3,532 13 72%
Rockwood $287,000 5% 10% $1,891 $4,536 10 72%
Riverview $199,950 5% 6% $1,709 $2,549 10 69%
Holt $254,900 5% 5% $1,834 $2,523 16 68%
Wyandotte $175,500 4% 5% $1,311 $1,831 34 68%
Lincoln Park $147,500 7% 8% $1,492 $2,001 57 65%
Carleton $479,000 2% 2% $1,814 $2,272 11 65%
Canton $394,950 4% 5% $2,391 $3,529 108 65%
Milford $562,450 3% 6% $2,718 $4,800 40 64%
Garden City $197,400 5% 6% $1,533 $2,240 34 63%
Highland $454,950 3% 8% $2,389 $4,800 30 62%
Redford $165,000 6% 10% $1,430 $2,664 104 61%
Trenton $199,900 6% 8% $1,733 $3,321 27 60%
White Lake $412,450 5% 6% $2,526 $3,252 52 59%
Lake Orion $399,900 4% 7% $2,518 $4,230 44 58%
Traverse City $449,700 3% 6% $2,469 $5,186 322 56%
Belmont $410,000 4% 2% $2,390 $2,429 13 54%
Clinton Township $265,000 5% 4% $1,843 $2,695 112 51%
Mount Clemens $170,000 5% 7% $1,430 $2,577 25 50%
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