East Lansing Investment Analysis

Investment Property in East Lansing, MI

East Lansing, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 349,900

Median

3,147

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

40

Investment

N/A

Airbnb

6

Traditional

N/A

Airbnb occupancy rate

East Lansing, MI Properties Rental Prices

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Investment Properties for Sale in East Lansing, MI

Investment Properties for Sale
$142,000
MLS 275894
Oakwood
Single Family Residential
3 beds 2 baths 2,110 sq.ft.
CAP RATE Trad. 7.48% Airbnb N/A
Investment Properties for Sale
$124,900
MLS 276016
Whitehills
Single Family Residential
1 beds 1 baths 1,312 sq.ft.
CAP RATE Trad. 7.31% Airbnb N/A
Investment Properties for Sale
$149,750
MLS 275153
Glencairn
Condo/Coop
2 beds 2 baths 2,160 sq.ft.
CAP RATE Trad. 6.49% Airbnb N/A
Investment Properties for Sale
$169,000
MLS 274892
Whitehills
Condo/Coop
3 beds 3 baths 2,064 sq.ft.
CAP RATE Trad. 6.38% Airbnb N/A
Investment Properties for Sale
$360,000
MLS 275581
Tamarisk
Single Family Residential
4 beds 4 baths 2,919 sq.ft.
CAP RATE Trad. 6.19% Airbnb N/A
Investment Properties for Sale
$259,900
MLS 275774
Southeast Marble
Condo/Coop
3 beds 4 baths 3,294 sq.ft.
CAP RATE Trad. 6.22% Airbnb N/A
Investment Properties for Sale
$435,000
MLS 275868
Walnut Heights
Single Family Residential
4 beds 5 baths 4,420 sq.ft.
CAP RATE Trad. 6.00% Airbnb N/A
Investment Properties for Sale
$185,000
MLS 50110388
Avondale Square
Single Family Residential
3 beds 2 baths 1,094 sq.ft.
CAP RATE Trad. 5.80% Airbnb N/A

Single Family Houses for Sale in East Lansing, MI

Investment Properties for Sale
$142,000
MLS 275894
Oakwood
Single Family Residential
3 beds 2 baths 2,110 sq.ft.
CAP RATE Trad. 7.48% Airbnb N/A
Investment Properties for Sale
$124,900
MLS 276016
Whitehills
Single Family Residential
1 beds 1 baths 1,312 sq.ft.
CAP RATE Trad. 7.31% Airbnb N/A
Investment Properties for Sale
$360,000
MLS 275581
Tamarisk
Single Family Residential
4 beds 4 baths 2,919 sq.ft.
CAP RATE Trad. 6.19% Airbnb N/A
Investment Properties for Sale
$435,000
MLS 275868
Walnut Heights
Single Family Residential
4 beds 5 baths 4,420 sq.ft.
CAP RATE Trad. 6.00% Airbnb N/A
Investment Properties for Sale
$185,000
MLS 50110388
Avondale Square
Single Family Residential
3 beds 2 baths 1,094 sq.ft.
CAP RATE Trad. 5.80% Airbnb N/A
Investment Properties for Sale
$219,000
MLS 275956
Bailey
Single Family Residential
4 beds 2 baths 2,113 sq.ft.
CAP RATE Trad. 5.69% Airbnb N/A
Investment Properties for Sale
$379,900
MLS 272821
Tamarisk
Single Family Residential
4 beds 4 baths 3,598 sq.ft.
CAP RATE Trad. 5.14% Airbnb N/A
Investment Properties for Sale
$232,000
MLS 274675
Whitehills
Single Family Residential
4 beds 2 baths 922 sq.ft.
CAP RATE Trad. 5.02% Airbnb N/A

Condos for Sale in East Lansing, MI

Investment Properties for Sale
$149,750
MLS 275153
Glencairn
Condo/Coop
2 beds 2 baths 2,160 sq.ft.
CAP RATE Trad. 6.49% Airbnb N/A
Investment Properties for Sale
$169,000
MLS 274892
Whitehills
Condo/Coop
3 beds 3 baths 2,064 sq.ft.
CAP RATE Trad. 6.38% Airbnb N/A
Investment Properties for Sale
$259,900
MLS 275774
Southeast Marble
Condo/Coop
3 beds 4 baths 3,294 sq.ft.
CAP RATE Trad. 6.22% Airbnb N/A
Investment Properties for Sale
$374,900
MLS 275828
Southeast Marble
Condo/Coop
3 beds 4 baths 3,338 sq.ft.
CAP RATE Trad. 5.02% Airbnb N/A
Investment Properties for Sale
$180,000
MLS 20230064839
Whitehills
Condo/Coop
2 beds 2 baths 1,296 sq.ft.
CAP RATE Trad. 3.98% Airbnb N/A
Investment Properties for Sale
$315,000
MLS 275422
Whitehills
Condo/Coop
3 beds 3 baths 2,392 sq.ft.
CAP RATE Trad. 3.06% Airbnb N/A
Investment Properties for Sale
$319,900
MLS 20230064945
Southeast Marble
Condo/Coop
3 beds 3 baths 1,383 sq.ft.
CAP RATE Trad. 2.28% Airbnb N/A
Investment Properties for Sale
$274,900
MLS 20230060983
Whitehills
Condo/Coop
3 beds 3 baths 2,436 sq.ft.
CAP RATE Trad. 2.28% Airbnb N/A

Top East Lansing, MI Neighborhoods - Real Estate Market Analysis

Whitehills
PROPERTY PRICE

$299,900

Median for city
CAP RATE

4.27%

Traditional

9.04%

Airbnb
RENTAL INCOME

$ 1,301

Traditional

$ 2,023

Airbnb

55%

Airbnb occupancy rate
Tamarisk
PROPERTY PRICE

$299,900

Median for city
CAP RATE

4.02%

Traditional

5.79%

Airbnb
RENTAL INCOME

$ 1,342

Traditional

$ 2,363

Airbnb

57%

Airbnb occupancy rate
Southeast Marble
PROPERTY PRICE

$299,900

Median for city
CAP RATE

3.10%

Traditional

4.69%

Airbnb
RENTAL INCOME

$ 1,420

Traditional

$ 1,892

Airbnb

57%

Airbnb occupancy rate
Brookfield Heritage
PROPERTY PRICE

$299,900

Median for city
CAP RATE

2.95%

Traditional

3.85%

Airbnb
RENTAL INCOME

$ 1,342

Traditional

$ 1,968

Airbnb

56%

Airbnb occupancy rate
Avondale Square
PROPERTY PRICE

$299,900

Median for city
CAP RATE

4.76%

Traditional

5.22%

Airbnb
RENTAL INCOME

$ 1,342

Traditional

$ 1,805

Airbnb

57%

Airbnb occupancy rate
Glencairn
PROPERTY PRICE

$299,900

Median for city
CAP RATE

1.87%

Traditional

3.50%

Airbnb
RENTAL INCOME

$ 1,342

Traditional

$ 2,219

Airbnb

59%

Airbnb occupancy rate
Oakwood
PROPERTY PRICE

$299,900

Median for city
CAP RATE

1.20%

Traditional

3.46%

Airbnb
RENTAL INCOME

$ 1,293

Traditional

$ 2,132

Airbnb

58%

Airbnb occupancy rate
Red Cedar
PROPERTY PRICE

$299,900

Median for city
CAP RATE

5.85%

Traditional

10.83%

Airbnb
RENTAL INCOME

$ 1,342

Traditional

$ 2,187

Airbnb

57%

Airbnb occupancy rate
Walnut Heights
PROPERTY PRICE

$299,900

Median for city
CAP RATE

0.59%

Traditional

0.10%

Airbnb
RENTAL INCOME

$ 1,342

Traditional

$ 1,815

Airbnb

56%

Airbnb occupancy rate
Pinecrest
PROPERTY PRICE

$299,900

Median for city
CAP RATE

1.37%

Traditional

N/A

Airbnb
RENTAL INCOME

$ 1,342

Traditional

$ 2,361

Airbnb

56%

Airbnb occupancy rate

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Airbnb Vacation Rentals in East Lansing, MI

Charming full basement apt near MSU
$78 per night Airbnb occupancy rate 75%
House 1 · 1 · 3
Rental Income: $1,778 per month
5
342
LNSNG LXRY 2 | Sauna + Smart Lights + Rain Shower
$99 per night Airbnb occupancy rate 82%
House 2 · 1 · 4
Rental Income: $2,467 per month
5
316
Charming full upstairs apt near MSU
$78 per night Airbnb occupancy rate 86%
House 1 · 1 · 3
Rental Income: $2,044 per month
5
262
The Magnolia Ave Home/Luxurious Master BR nearMSU.
$147 per night Airbnb occupancy rate 63%
House 3 · 2 · 7
Rental Income: $2,852 per month
5
202
Lansing Home |  2BR Between MSU & Old Town
$121 per night Airbnb occupancy rate 72%
House 2 · 1.5 · 6
Rental Income: $2,674 per month
5
201
Mid-Century Upper 1bd Apartment
$68 per night Airbnb occupancy rate 81%
Guest suite 1 · 1 · 2
Rental Income: $1,672 per month
5
196
Wonderful Apartment with private yard next to MSU
$115 per night Airbnb occupancy rate 91%
Apartment 1 · 1 · 3
Rental Income: $3,209 per month
5
195
Cozy East Lansing Duplex near MSU - Apt 2
$71 per night Airbnb occupancy rate 74%
Apartment 1 · 1 · 2
Rental Income: $1,603 per month
5
195

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 $307,450 4% 2% $2,221 $1,400 36 72%
Wixom $500,000 4% 3% $2,716 $3,532 13 71%
Riverview $184,925 6% 8% $1,710 $2,549 12 69%
Ecorse $79,000 11% 17% $1,251 $1,831 25 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%
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 $2,695 113 51%
Harrison Township $369,450 4% 2% $2,346 $2,807 24 51%
Mount Clemens $179,950 5% 6% $1,433 $2,577 28 50%
Grosse Ile $424,500 3% 8% $2,308 $2,645 14 49%
View all michigan cities

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