Erie Investment Analysis

Investment Property in Erie, MI

Erie, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 239,900

Median

1,684

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

10.00%

Airbnb
NUMBER OF PROPERTIES

5

Investment

15

Airbnb

N/A

Traditional

53%

Airbnb occupancy rate

Erie, MI Properties Rental Prices

Predict Short-Term Rental Revenue

Want to host your STR property on Airbnb?
Our Airbnb calculator is a free tool to calculate how much can you make on Airbnb.

Airbnb Calculator

Top Erie, MI Neighborhoods - Real Estate Market Analysis

Erie
PROPERTY PRICE

$192,400

Median for city
CAP RATE

5.92%

Traditional

N/A

Airbnb
RENTAL INCOME

$ 1,390

Traditional

$ 3,478

Airbnb

66%

Airbnb occupancy rate

Popular Blog Posts

What is Cash on Cash Return
What is Cash on Cash Return
, by
Mashvisor Home
How to Buy an Airbnb Investment Property
How to Buy an Airbnb Investment Property
, by
Mashvisor Home
The Complete Guide to Airbnb Management
The Complete Guide to Airbnb Management
, by
Mashvisor Home

Popular Airbnb Topics

Looking for
Airbnb Analytics?

Gain vacation rental insights of any US market with our Airbnb data analytics

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in Erie, MI

Modern cottage on the lake w/ 2 kayaks & game room
$147 per night Airbnb occupancy rate 60%
Cottage 2 · 1 · 5
Rental Income: $2,705 per month
5
337
1)Lake Chalet/Pool /HotTub/Kayaking
$217 per night Airbnb occupancy rate 83%
Cottage 2 · 2 · 8
Rental Income: $5,534 per month
5
298
Cozy Waterfront Cottage with kayaks
$141 per night Airbnb occupancy rate 50%
Cottage 1 · 1 · 5
Rental Income: $2,143 per month
5
247
2) Lakefront Oasis/Golf Cart/Beach!
$217 per night Airbnb occupancy rate 70%
Cottage 3 · 1.5 · 6
Rental Income: $4,644 per month
5
199
Mrs B’s Nest! Country life w/city convenience
$80 per night Airbnb occupancy rate 82%
House 3 · 2 · 6
Rental Income: $1,993 per month
5
194
4) Lakefront /Pool/Kayaking!
$155 per night Airbnb occupancy rate 76%
House 1 · 1 · 4
Rental Income: $3,596 per month
5
126
3) Lakefront Family Home/Golf Cart/Beach!
$202 per night Airbnb occupancy rate 74%
House 4 · 2.5 · 8
Rental Income: $4,545 per month
5
111
5) Lake House/Pool/Hot Tub/Kayak!
$238 per night Airbnb occupancy rate 76%
House 2 · 2.5 · 6
Rental Income: $5,545 per month
5
101

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
Wixom $449,000 4% 5% $2,631 $3,784 13 75%
Walled Lake $298,500 4% 2% $2,009 $1,400 34 72%
Riverview $199,950 5% 6% $1,709 $2,549 10 69%
Holt $269,900 5% 5% $1,886 $2,523 17 68%
Wyandotte $174,500 4% 6% $1,308 $1,927 30 68%
Lincoln Park $145,000 7% 8% $1,466 $2,001 57 65%
Garden City $194,850 5% 6% $1,537 $2,190 38 65%
Milford $574,900 3% 6% $2,798 $4,775 39 64%
Highland $504,500 3% 7% $2,505 $4,775 32 62%
Haslett $322,500 4% 9% $2,171 $3,383 20 62%
Redford $165,000 6% 10% $1,427 $2,664 103 61%
Eaton Rapids $259,950 6% 34% $1,850 $7,649 26 61%
Trenton $195,000 6% 8% $1,725 $3,321 26 60%
Lake Orion $377,000 4% 8% $2,562 $4,230 42 58%
Traverse City $459,000 3% 7% $2,509 $5,289 356 56%
Mount Clemens $170,000 5% 7% $1,436 $2,577 25 50%
Grosse Ile $399,000 3% 8% $2,284 $2,645 11 49%
Garden $289,700 3% 10% $1,615 $3,370 10 47%
View all michigan cities

Vacation Rentals for Sale in michigan

Your search for investment property begins and ends here

Use analytics to find lucrative traditional or Airbnb properties in a matter of minutes.

No more spreadsheets, no more searching.