Bessemer Investment Analysis

Investment Property in Bessemer, MI

Bessemer, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 80,000

Median

1,371

Avg/Sq.ft.
CASH ON CASH RETURN

9.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

4

Investment

N/A

Airbnb

N/A

Traditional

N/A

Airbnb occupancy rate

Bessemer, MI Properties Rental Prices

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Top Bessemer, MI Neighborhoods - Real Estate Market Analysis

Bessemer
PROPERTY PRICE

$89,900

Median for city
CAP RATE

2.29%

Traditional

5.08%

Airbnb
RENTAL INCOME

$ 512

Traditional

$ 1,445

Airbnb

30%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Bessemer, MI

Hot Tub! Fireplace! The Wüdenknipple - Powderhorn
$235 per night Airbnb occupancy rate 60%
Chalet 2 · 1 · 6
Rental Income: $4,308 per month
5
199
Hot Tub • Fireplace • Big Powderhorn
$218 per night Airbnb occupancy rate 63%
Chalet 2 · 1 · 7
Rental Income: $4,186 per month
5
155
Hot Tub • Sauna • Fireplace • Big Powderhorn
$291 per night Airbnb occupancy rate 57%
Chalet 4 · 2 · 9
Rental Income: $5,076 per month
5
140
Woodlands Wild Cabin
$163 per night Airbnb occupancy rate 47%
Cabin 3 · 1.5 · 6
Rental Income: $2,364 per month
5
135
LOOSE MOOSE LODGE at Big Powderhorn Mountain
$147 per night Airbnb occupancy rate 27%
Chalet 3 · 1 · 8
Rental Income: $1,235 per month
5
127
Fireplace • King Bed • Big Powderhorn
$197 per night Airbnb occupancy rate 47%
House 4 · 1.5 · 10
Rental Income: $2,846 per month
5
101
Big Chalet on Big Powderhorn Mountain
$236 per night Airbnb occupancy rate 59%
Chalet 5 · 3.5 · 11
Rental Income: $4,248 per month
5
94
Hot Tub & Sauna @ Big Powderhorn (Cabin Fevers)
$248 per night Airbnb occupancy rate 50%
Chalet 3 · 2 · 6
Rental Income: $3,794 per month
5
94

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 $374,950 4% 4% $2,386 $3,126 12 72%
Wixom $459,900 4% 4% $2,712 $3,532 13 72%
Rockwood $287,000 5% 10% $1,891 $4,536 10 72%
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 4% 4% $1,843 $2,695 115 51%
Mount Clemens $170,000 5% 7% $1,430 $2,577 25 50%
Grosse Ile $424,500 3% 8% $2,308 $2,645 14 49%
View all michigan cities

Vacation Rentals for Sale in michigan

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