Corunna Investment Analysis

Investment Property in Corunna, MI

Corunna, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 230,000

Median

1,871

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

4.00%

Airbnb
NUMBER OF PROPERTIES

15

Investment

16

Airbnb

2

Traditional

36%

Airbnb occupancy rate

Corunna, MI Properties Rental Prices

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Investment Properties for Sale in Corunna, MI

Investment Properties for Sale
$169,900
MLS 50121546
Corunna
Single Family Residential
3 beds 2 baths 1,226 sq.ft.
CAP RATE Trad. 8.54% Airbnb 5.36%
Investment Properties for Sale
$129,900
MLS 50117722
Corunna
Single Family Residential
2 beds 1 baths 1,046 sq.ft.
CAP RATE Trad. 6.02% Airbnb 5.12%
Investment Properties for Sale
$279,900
MLS 50120832
Corunna
Single Family Residential
3 beds 2 baths 1,650 sq.ft.
CAP RATE Trad. 4.61% Airbnb 2.57%
Investment Properties for Sale
$395,000
MLS 50077758
Corunna
Single Family Residential
3 beds 2 baths 1,200 sq.ft.
CAP RATE Trad. 3.00% Airbnb 1.56%
Investment Properties for Sale
$158,900
MLS 50102835
Corunna
Single Family Residential
4 beds 2 baths 2,330 sq.ft.
CAP RATE Trad. 11.90% Airbnb N/A
Investment Properties for Sale
$199,900
MLS 50119434
Corunna
Single Family Residential
4 beds 2 baths 1,580 sq.ft.
CAP RATE Trad. 8.25% Airbnb N/A
Investment Properties for Sale
$185,000
MLS 50115601
Corunna
Single Family Residential
4 beds 2 baths 2,008 sq.ft.
CAP RATE Trad. 8.11% Airbnb N/A
Investment Properties for Sale
$250,000
MLS 20230045678
Corunna
Single Family Residential
4 beds 3 baths 2,009 sq.ft.
CAP RATE Trad. 7.55% Airbnb N/A

Single Family Houses for Sale in Corunna, MI

Investment Properties for Sale
$169,900
MLS 50121546
Corunna
Single Family Residential
3 beds 2 baths 1,226 sq.ft.
CAP RATE Trad. 8.54% Airbnb 5.36%
Investment Properties for Sale
$129,900
MLS 50117722
Corunna
Single Family Residential
2 beds 1 baths 1,046 sq.ft.
CAP RATE Trad. 6.02% Airbnb 5.12%
Investment Properties for Sale
$279,900
MLS 50120832
Corunna
Single Family Residential
3 beds 2 baths 1,650 sq.ft.
CAP RATE Trad. 4.61% Airbnb 2.57%
Investment Properties for Sale
$395,000
MLS 50077758
Corunna
Single Family Residential
3 beds 2 baths 1,200 sq.ft.
CAP RATE Trad. 3.00% Airbnb 1.56%
Investment Properties for Sale
$158,900
MLS 50102835
Corunna
Single Family Residential
4 beds 2 baths 2,330 sq.ft.
CAP RATE Trad. 11.90% Airbnb N/A
Investment Properties for Sale
$199,900
MLS 50119434
Corunna
Single Family Residential
4 beds 2 baths 1,580 sq.ft.
CAP RATE Trad. 8.25% Airbnb N/A
Investment Properties for Sale
$185,000
MLS 50115601
Corunna
Single Family Residential
4 beds 2 baths 2,008 sq.ft.
CAP RATE Trad. 8.11% Airbnb N/A
Investment Properties for Sale
$250,000
MLS 20230045678
Corunna
Single Family Residential
4 beds 3 baths 2,009 sq.ft.
CAP RATE Trad. 7.55% Airbnb N/A

Top Corunna, MI Neighborhoods - Real Estate Market Analysis

Corunna
PROPERTY PRICE

$159,450

Median for city
CAP RATE

4.60%

Traditional

7.90%

Airbnb
RENTAL INCOME

$ 1,046

Traditional

$ 1,835

Airbnb

42%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Corunna, MI

Vintage Charmer in a family friendly neighborhood
$90 per night Airbnb occupancy rate 78%
House 3 · 1.5 · 6
Rental Income: $2,151 per month
5
117
Comfortable and Updated 2 bedroom Home
$110 per night Airbnb occupancy rate 59%
House 2 · 1 · 4
Rental Income: $2,002 per month
5
85
Historic Downtown Owosso Loft 202
$115 per night Airbnb occupancy rate 63%
Loft 1 · 1 · 4
Rental Income: $2,220 per month
5
46
Spacious Downtown Owosso Loft 203
$119 per night Airbnb occupancy rate 53%
Loft 1 · 1 · 4
Rental Income: $1,928 per month
5
35
1st Floor Farmhouse Styled Apartment in Owosso
$103 per night Airbnb occupancy rate 44%
Apartment 2 · 2 · 4
Rental Income: $1,391 per month
5
34
Apt A Large effiencey style apartment
$125 per night Airbnb occupancy rate 28%
Apartment 1 · 1 · 2
Rental Income: $1,063 per month
5
16
Escape on Exchange
$109 per night Airbnb occupancy rate 16%
Apartment 1 · 1 · 2
Rental Income: $523 per month
5
15
Quaint Owosso Vacation Home
$196 per night Airbnb occupancy rate 48%
House 4 · 2 · 12
Rental Income: $2,862 per month
5
12

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%
Ecorse $79,450 11% 17% $1,254 $1,831 26 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%
Haslett $281,250 4% 10% $1,882 $3,385 18 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%
Harrison Township $369,450 4% 2% $2,346 $2,807 24 51%
Mount Clemens $159,900 6% 9% $1,315 $2,577 11 50%
Grosse Ile $424,500 3% 8% $2,308 $2,645 14 49%
View all michigan cities

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