Bridgman Investment Analysis

Investment Property in Bridgman, MI

Bridgman, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 399,900

Median

2,582

Avg/Sq.ft.
CASH ON CASH RETURN

3.00%

Traditional

7.00%

Airbnb
NUMBER OF PROPERTIES

1

Investment

51

Airbnb

N/A

Traditional

47%

Airbnb occupancy rate

Bridgman, MI Properties Rental Prices

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Top Bridgman, MI Neighborhoods - Real Estate Market Analysis

Bridgman
PROPERTY PRICE

$105,000

Median for city
CAP RATE

4.08%

Traditional

7.28%

Airbnb
RENTAL INCOME

$ 1,002

Traditional

$ 3,171

Airbnb

48%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Bridgman, MI

Warren Dunes on Lake Michigan-Hot Tub-WBFPL
$199 per night Airbnb occupancy rate 87%
Bungalow 2 · 2 · 6
Rental Income: $5,293 per month
5
405
Warren Dunes,Hot Tub, WBFL,Wineries
$238 per night Airbnb occupancy rate 77%
Bungalow 2 · 2 · 8
Rental Income: $5,617 per month
5
384
Brand New , Dog-Friendly, Firepit,Hot Tub, WBFPL,
$207 per night Airbnb occupancy rate 79%
House 2 · 2 · 8
Rental Income: $5,030 per month
5
285
Lake Breeze Suite - Beaches, Dunes, Golf, Wine Tr
$99 per night Airbnb occupancy rate 35%
Apartment 1 · 1 · 3
Rental Income: $1,049 per month
5
189
Beachcomber Suite - Beaches, Dunes,  Golf, Wine Tr
$96 per night Airbnb occupancy rate 36%
Apartment 1 · 1 · 4
Rental Income: $1,066 per month
5
165
Chandelier Suite - Beaches, Dunes, Golf, Wine Tr
$107 per night Airbnb occupancy rate 35%
Apartment 2 · 1 · 5
Rental Income: $1,134 per month
5
163
Cozy 1 BR & Loft Cottage: Lake Mich Dunes Wineries
$155 per night Airbnb occupancy rate 69%
Cottage 1 · 1 · 3
Rental Income: $3,272 per month
5
145
Private Retreat w/Hot Tub - Beaches & Wine Tours
$484 per night Airbnb occupancy rate 47%
House 5 · 3 · 16
Rental Income: $6,978 per month
5
124

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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