Baraga Investment Analysis

Investment Property in Baraga, MI

Baraga, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 240,000

Median

1,849

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

9

Investment

N/A

Airbnb

N/A

Traditional

N/A

Airbnb occupancy rate

Baraga, MI Properties Rental Prices

Predict Short-Term Rental Revenue

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Investment Properties for Sale in Baraga, MI

Investment Properties for Sale
$240,000
MLS 50115841
Baraga
Multi Family
8 beds 4 baths 3,200 sq.ft.
CAP RATE Trad. 8.83% Airbnb N/A
Investment Properties for Sale
$145,000
MLS 50119511
Baraga
Single Family Residential
3 beds 2 baths 1,158 sq.ft.
CAP RATE Trad. 8.51% Airbnb N/A
Investment Properties for Sale
$208,000
MLS 50097189
Baraga
Other
3 beds 3 baths 1,568 sq.ft.
CAP RATE Trad. 7.82% Airbnb N/A
Investment Properties for Sale
$445,000
MLS 50119539
Baraga
Single Family Residential
3 beds 3 baths 1,704 sq.ft.
CAP RATE Trad. 2.75% Airbnb N/A

Single Family Houses for Sale in Baraga, MI

Investment Properties for Sale
$145,000
MLS 50119511
Baraga
Single Family Residential
3 beds 2 baths 1,158 sq.ft.
CAP RATE Trad. 8.51% Airbnb N/A
Investment Properties for Sale
$445,000
MLS 50119539
Baraga
Single Family Residential
3 beds 3 baths 1,704 sq.ft.
CAP RATE Trad. 2.75% Airbnb N/A
Investment Properties for Sale
$365,000
MLS 50118025
Baraga
Single Family Residential
3 beds 2 baths 1,320 sq.ft.
CAP RATE Trad. 2.10% Airbnb N/A
Investment Properties for Sale
$599,000
MLS 50099071
Baraga
Single Family Residential
4 beds 3 baths 3,000 sq.ft.
CAP RATE Trad. 1.98% Airbnb N/A

Top Baraga, MI Neighborhoods - Real Estate Market Analysis

Baraga
PROPERTY PRICE

$229,000

Median for city
CAP RATE

1.30%

Traditional

4.83%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 1,708

Airbnb

35%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Baraga, MI

Kayak Shack Vacation Cottage
$126 per night Airbnb occupancy rate 57%
Cottage 2 · 1 · 6
Rental Income: $2,192 per month
5
149
Cozy 2 bedroom home with a spacious back yard.
$93 per night Airbnb occupancy rate 49%
House 2 · 1 · 4
Rental Income: $1,395 per month
5
146
Martha’s Bay View
$155 per night Airbnb occupancy rate 54%
House 4 · 1 · 8
Rental Income: $2,550 per month
5
66
Keweenaw Bay Waterfront UP Dream Vacation
$144 per night Airbnb occupancy rate 86%
Cottage 3 · 1 · 5
Rental Income: $3,773 per month
5
57
Beautiful 1890's Victorian Home
$175 per night Airbnb occupancy rate 100%
House 3 · 1.5 · 6
Rental Income: $5,355 per month
5
40
Close to Lake Superior & Snowmobile Trail #14
$122 per night Airbnb occupancy rate 41%
House 1 · 1 · 6
Rental Income: $1,513 per month
5
27
The Red Rocks Unit 5: Lower Unit
$143 per night Airbnb occupancy rate 33%
Vacation home 2 · 2 · 4
Rental Income: $1,459 per month
5
20
Modern Lakeside Retreat
$170 per night Airbnb occupancy rate 47%
House 2 · 1 · 6
Rental Income: $2,429 per month
5
20

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 $269,900 5% 5% $1,886 $2,523 17 68%
Wyandotte $174,500 4% 6% $1,308 $1,927 30 68%
Lincoln Park $145,000 7% 8% $1,466 $2,001 57 65%
Milford $574,900 3% 6% $2,798 $4,775 39 64%
Garden City $197,400 5% 6% $1,533 $2,240 34 63%
Highland $454,950 3% 8% $2,389 $4,800 30 62%
Haslett $322,500 4% 9% $2,171 $3,383 20 62%
Redford $165,000 6% 10% $1,427 $2,664 103 61%
Eaton Rapids $259,950 6% 34% $1,850 $7,649 26 61%
Trenton $195,000 6% 8% $1,725 $3,321 26 60%
Lake Orion $377,000 4% 8% $2,562 $4,230 42 58%
Okemos $472,500 3% 4% $2,438 $2,493 34 58%
Traverse City $459,000 3% 7% $2,509 $5,289 356 56%
Belmont $410,000 4% 2% $2,390 $2,429 13 54%
Clinton Township $265,000 5% 4% $1,845 $2,695 114 51%
Mount Clemens $170,000 5% 7% $1,436 $2,577 25 50%
View all michigan cities

Vacation Rentals for Sale in michigan

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