Escanaba Investment Analysis

Investment Property in Escanaba, MI

Escanaba, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 179,000

Median

2,015

Avg/Sq.ft.
CASH ON CASH RETURN

9.00%

Traditional

8.00%

Airbnb
NUMBER OF PROPERTIES

31

Investment

35

Airbnb

3

Traditional

58%

Airbnb occupancy rate

Escanaba, MI Properties Rental Prices

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Investment Properties for Sale in Escanaba, MI

Investment Properties for Sale
$195,000
MLS 50121379
Escanaba
Single Family Residential
3 beds 2 baths 1,212 sq.ft.
CAP RATE Trad. 7.61% Airbnb 9.37%
Investment Properties for Sale
$196,000
MLS 50118596
Escanaba
Single Family Residential
3 beds 3 baths 1,549 sq.ft.
CAP RATE Trad. 9.32% Airbnb 8.99%
Investment Properties for Sale
$135,000
MLS 50119474
Escanaba
Single Family Residential
2 beds 2 baths 1,315 sq.ft.
CAP RATE Trad. 8.85% Airbnb 8.21%
Investment Properties for Sale
$205,000
MLS 50121198
Escanaba
Single Family Residential
3 beds 2 baths 1,824 sq.ft.
CAP RATE Trad. 5.93% Airbnb 7.91%
Investment Properties for Sale
$230,000
MLS 50114993
Escanaba
Single Family Residential
3 beds 3 baths 1,471 sq.ft.
CAP RATE Trad. 7.39% Airbnb 7.36%
Investment Properties for Sale
$265,000
MLS 50108340
Escanaba
Single Family Residential
3 beds 3 baths 2,661 sq.ft.
CAP RATE Trad. 7.45% Airbnb 6.53%
Investment Properties for Sale
$242,000
MLS 50109493
Escanaba
Single Family Residential
3 beds 2 baths 1,500 sq.ft.
CAP RATE Trad. 4.61% Airbnb 6.53%
Investment Properties for Sale
$189,900
MLS 50116817
Escanaba
Single Family Residential
2 beds 2 baths 1,340 sq.ft.
CAP RATE Trad. 7.55% Airbnb 6.02%

Single Family Houses for Sale in Escanaba, MI

Investment Properties for Sale
$195,000
MLS 50121379
Escanaba
Single Family Residential
3 beds 2 baths 1,212 sq.ft.
CAP RATE Trad. 7.61% Airbnb 9.37%
Investment Properties for Sale
$196,000
MLS 50118596
Escanaba
Single Family Residential
3 beds 3 baths 1,549 sq.ft.
CAP RATE Trad. 9.32% Airbnb 8.99%
Investment Properties for Sale
$135,000
MLS 50119474
Escanaba
Single Family Residential
2 beds 2 baths 1,315 sq.ft.
CAP RATE Trad. 8.85% Airbnb 8.21%
Investment Properties for Sale
$205,000
MLS 50121198
Escanaba
Single Family Residential
3 beds 2 baths 1,824 sq.ft.
CAP RATE Trad. 5.93% Airbnb 7.91%
Investment Properties for Sale
$230,000
MLS 50114993
Escanaba
Single Family Residential
3 beds 3 baths 1,471 sq.ft.
CAP RATE Trad. 7.39% Airbnb 7.36%
Investment Properties for Sale
$265,000
MLS 50108340
Escanaba
Single Family Residential
3 beds 3 baths 2,661 sq.ft.
CAP RATE Trad. 7.45% Airbnb 6.53%
Investment Properties for Sale
$242,000
MLS 50109493
Escanaba
Single Family Residential
3 beds 2 baths 1,500 sq.ft.
CAP RATE Trad. 4.61% Airbnb 6.53%
Investment Properties for Sale
$189,900
MLS 50116817
Escanaba
Single Family Residential
2 beds 2 baths 1,340 sq.ft.
CAP RATE Trad. 7.55% Airbnb 6.02%

Top Escanaba, MI Neighborhoods - Real Estate Market Analysis

Escanaba
PROPERTY PRICE

$133,000

Median for city
CAP RATE

5.92%

Traditional

7.76%

Airbnb
RENTAL INCOME

$ 4,529

Traditional

$ 1,920

Airbnb

57%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Escanaba, MI

1 bedroom cabin
$93 per night Airbnb occupancy rate 81%
Cabin 1 · 1 · 2
Rental Income: $2,316 per month
5
273
Home away from home
$100 per night Airbnb occupancy rate 60%
House 3 · 1.5 · 8
Rental Income: $1,850 per month
5
172
Ford River House
$82 per night Airbnb occupancy rate 78%
House 2 · 1 · 6
Rental Income: $1,952 per month
5
131
Beck Plaza Extended Stays Suite B
$57 per night Airbnb occupancy rate 77%
Apartment 0 · 1 · 2
Rental Income: $1,340 per month
5
126
Beck Plaza Extended Stays Suite A
$67 per night Airbnb occupancy rate 65%
Apartment 1 · 1 · 2
Rental Income: $1,340 per month
5
121
Welcome to the Bridge House
$96 per night Airbnb occupancy rate 70%
House 4 · 1.5 · 8
Rental Income: $2,064 per month
5
113
Ogden View Manor,  Unit 1.  (Totally Private Unit)
$100 per night Airbnb occupancy rate 25%
Apartment 1 · 1 · 4
Rental Income: $750 per month
5
82
Greenwood Getaway: Game Room in Basement!
$148 per night Airbnb occupancy rate 70%
House 3 · 2 · 6
Rental Income: $3,182 per month
5
78

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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