Algonac Investment Analysis
Investment Property in Algonac, MI
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Short Term Rentals For Sale
| City Name | Property price | Cash on cash return | Rental Income | No. of Properties | Airbnb Occupancy Rate | ||
|---|---|---|---|---|---|---|---|
| Median | traditional | Airbnb | traditional | Airbnb | |||
| Walled Lake | $307,450 | 4% | 2% | $2,221 | $1,400 | 36 | 72% |
| Wixom | $500,000 | 4% | 3% | $2,716 | $3,532 | 13 | 71% |
| Riverview | $184,925 | 6% | 8% | $1,710 | $2,549 | 12 | 69% |
| Ecorse | $79,000 | 11% | 17% | $1,251 | $1,831 | 25 | 69% |
| Wyandotte | $175,500 | 4% | 5% | $1,311 | $1,831 | 34 | 68% |
| Lincoln Park | $147,500 | 7% | 8% | $1,492 | $2,001 | 57 | 65% |
| Canton | $400,000 | 4% | 5% | $2,416 | $3,529 | 117 | 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% | 8% | $2,499 | $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 | 4% | 4% | $1,843 | $2,695 | 113 | 51% |
| Harrison Township | $369,450 | 4% | 2% | $2,346 | $2,807 | 24 | 51% |
| Mount Clemens | $179,950 | 5% | 6% | $1,433 | $2,577 | 28 | 50% |
| Grosse Ile | $424,500 | 3% | 8% | $2,308 | $2,645 | 14 | 49% |
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