Erie Investment Analysis

Investment Property in Erie, MI

Erie, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 188,000

Median

1,699

Avg/Sq.ft.
CASH ON CASH RETURN

7.00%

Traditional

7.00%

Airbnb
NUMBER OF PROPERTIES

1

Investment

19

Airbnb

N/A

Traditional

53%

Airbnb occupancy rate

Erie, MI Properties Rental Prices

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Airbnb Vacation Rentals in Erie, MI

Modern cottage on the lake w/ 2 kayaks & game room
$154 per night Airbnb occupancy rate 56%
Cottage 2 · 1 · 5
Rental Income: $2,631 per month
5
364
Mrs B’s Nest! Country life w/city convenience
$80 per night Airbnb occupancy rate 85%
House 3 · 2 · 6
Rental Income: $2,067 per month
5
209
4) Lakefront/ $79 Specials remaining April!
$128 per night Airbnb occupancy rate 81%
House 1 · 1 · 4
Rental Income: $3,168 per month
5
153
Actual Pretty Boy Floyd's Hideout - Lake Erie, MI
$165 per night Airbnb occupancy rate 47%
House 2 · 1 · 4
Rental Income: $2,379 per month
5
89
Halfway Creek Cottage with Lake Erie access
$89 per night Airbnb occupancy rate 62%
House 1 · 1 · 5
Rental Income: $1,691 per month
5
43
February Special! Home near the beach w/golf cart
$194 per night Airbnb occupancy rate 53%
House 1 · 1 · 5
Rental Income: $3,104 per month
5
40
Cozy 1 Bedroom Home, Lake Erie
$103 per night Airbnb occupancy rate 52%
House 1 · 1 · 2
Rental Income: $1,648 per month
5
35
Part of Mini-Mansion, private, Lake Erie views
$197 per night Airbnb occupancy rate 49%
House 2 · 1 · 4
Rental Income: $2,922 per month
5
24

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
Holt $307,000 5% 7% $2,077 $3,037 13 73%
Wixom $455,000 4% 6% $2,631 $4,135 25 71%
Trenton $229,000 5% 10% $1,782 $3,752 21 70%
Riverview $189,450 6% 11% $1,820 $3,037 16 68%
Walled Lake $295,000 4% 6% $2,052 $3,511 22 67%
Wyandotte $197,450 4% 5% $1,460 $2,025 40 66%
Fowlerville $330,000 5% 15% $2,410 $4,833 12 66%
Grosse Ile $499,000 3% 15% $2,667 $3,847 19 65%
Lincoln Park $148,500 7% 10% $1,353 $2,436 55 63%
Farmington $232,500 4% 6% $1,509 $3,193 14 63%
Milford $527,450 4% 5% $3,320 $4,135 50 63%
Haslett $362,450 4% 7% $2,011 $3,244 20 59%
Okemos $426,950 3% 3% $2,317 $2,992 32 59%
Clinton Township $263,950 4% 5% $1,952 $2,538 104 59%
Canton $422,500 4% 4% $2,603 $3,481 118 59%
Highland $599,900 3% 8% $2,644 $4,135 31 58%
Garden City $202,450 5% 5% $1,645 $2,039 40 57%
Mount Clemens $214,900 5% 8% $1,528 $2,835 17 56%
Lake Orion $399,900 4% 6% $2,368 $3,422 45 54%
Redford $219,900 5% 6% $1,667 $2,325 236 53%
View all michigan cities

Vacation Rentals for Sale in michigan

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