BITELY Investment Analysis

Investment Property in BITELY, MI

BITELY, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 112,000

Median

1,046

Avg/Sq.ft.
CASH ON CASH RETURN

7.00%

Traditional

13.00%

Airbnb
NUMBER OF PROPERTIES

7

Investment

30

Airbnb

N/A

Traditional

50%

Airbnb occupancy rate

BITELY, MI Properties Rental Prices

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Airbnb Vacation Rentals in BITELY, MI

The Channel Cabin (kayaks included) Hosted by Simp
$137 per night Airbnb occupancy rate 43%
Cabin 2 · 1 · 6
Rental Income: $1,822 per month
5
189
1830's Log Cabin in the Woods
$157 per night Airbnb occupancy rate 33%
Cabin 3 · 1 · 4
Rental Income: $1,601 per month
5
142
Lincoln Log Lodge (Lakefront, Kayaks, Arcade game)
$151 per night Airbnb occupancy rate 69%
Cabin 2 · 1 · 6
Rental Income: $3,171 per month
5
135
The Lilley Pad w/ HotTub & Private Beach
$325 per night Airbnb occupancy rate 81%
Cottage 4 · 2 · 10
Rental Income: $8,028 per month
5
95
Charming rustic cottage on Moonbeam lake.
$150 per night Airbnb occupancy rate 99%
Cottage 2 · 1 · 4
Rental Income: $4,513 per month
5
78
Beautiful lake house in the woods
$226 per night Airbnb occupancy rate 60%
Cottage 2 · 2 · 6
Rental Income: $4,158 per month
5
76
Red Star Cottage on Mowby : Beach : Boat : Camper
$117 per night Airbnb occupancy rate 65%
Cottage 2 · 2 · 9
Rental Income: $2,340 per month
5
69
Nichols Lake Sunset Cottage
$203 per night Airbnb occupancy rate 52%
Cottage 3 · 2 · 10
Rental Income: $3,248 per month
5
40

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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Vacation Rentals for Sale in michigan

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