Elberta Investment Analysis

Investment Property in Elberta, MI

Elberta, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 75,000

Median

1,366

Avg/Sq.ft.
CASH ON CASH RETURN

12.00%

Traditional

29.00%

Airbnb
NUMBER OF PROPERTIES

1

Investment

136

Airbnb

N/A

Traditional

51%

Airbnb occupancy rate

Elberta, MI Properties Rental Prices

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Top Elberta, MI Neighborhoods - Real Estate Market Analysis

Elberta
PROPERTY PRICE

$159,900

Median for city
CAP RATE

9.18%

Traditional

13.21%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 3,658

Airbnb

45%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Elberta, MI

Bayside Cottage - Great Location! Walk to Beach!
$147 per night Airbnb occupancy rate 53%
House 4 · 2.5 · 10
Rental Income: $2,396 per month
5
216
GRANDMA'S PLACE
$140 per night Airbnb occupancy rate 75%
House 2 · 1 · 5
Rental Income: $3,192 per month
5
198
Elberta Bluffs Cottage
$298 per night Airbnb occupancy rate 31%
House 4 · 2 · 16
Rental Income: $2,861 per month
5
192
Idyllic cottage in stunning Frankfort farm estate
$150 per night Airbnb occupancy rate 71%
Guest suite 1 · 1 · 2
Rental Income: $3,255 per month
5
181
Crystal Cottage
$180 per night Airbnb occupancy rate 48%
House 2 · 1.5 · 10
Rental Income: $2,640 per month
5
177
The Penthouse Suite
$166 per night Airbnb occupancy rate 39%
Loft 0 · 1 · 2
Rental Income: $1,992 per month
5
156
Carol's Cabin
$94 per night Airbnb occupancy rate 49%
Cabin 0 · 1 · 2
Rental Income: $1,419 per month
5
144
The Jewel House
$153 per night Airbnb occupancy rate 66%
House 2 · 1 · 6
Rental Income: $3,106 per month
5
121

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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