Garden City Investment Analysis

Investment Property in Garden City, MI

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Garden City, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$229,862

Median

1,603

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

1.00%

Airbnb
NUMBER OF PROPERTIES

159

Investment

56

Airbnb

8

Traditional

21%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

80

Number of homes sold

13

Median days on market

100%

Average sale-to-list price ratio

28%

Percentage of listings with price drops

159

Active listings count

123

New listings count

1.8

Months of supply

Garden City, MI Properties Rental Prices

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Investment Properties for Sale in Garden City, MI

Investment Properties for Sale
$204,900
MLS 20261024903
Garden City
Other
4 beds 1 baths 932 sq.ft.
CAP RATE Trad. 6.28% Airbnb 3.81%
Investment Properties for Sale
$199,900
MLS 60980469
Garden City
Single Family Residential
4 beds 1 baths 1,080 sq.ft.
CAP RATE Trad. 5.84% Airbnb 3.13%
Investment Properties for Sale
$139,900
MLS 61012531
Garden City
Single Family Residential
3 beds 1 baths 1,178 sq.ft.
CAP RATE Trad. 6.95% Airbnb 2.51%
Investment Properties for Sale
$129,900
MLS 61006685
Garden City
Single Family Residential
3 beds 1 baths 914 sq.ft.
CAP RATE Trad. 7.81% Airbnb 2.52%
Investment Properties for Sale
$227,999
MLS 61011684
Garden City
Single Family Residential
4 beds 2 baths 1,200 sq.ft.
CAP RATE Trad. 6.52% Airbnb 2.33%
Investment Properties for Sale
$150,000
MLS 60994038
Garden City
Single Family Residential
3 beds 1 baths 978 sq.ft.
CAP RATE Trad. 6.73% Airbnb 2.26%
Investment Properties for Sale
$213,500
MLS 61007479
Garden City
Single Family Residential
4 beds 1 baths 1,313 sq.ft.
CAP RATE Trad. 4.22% Airbnb 2.14%
Investment Properties for Sale
$229,000
MLS 26026688
Garden City
Single Family Residential
4 beds 2 baths 2,003 sq.ft.
CAP RATE Trad. 8.84% Airbnb 2.10%

Single Family Houses for Sale in Garden City, MI

Investment Properties for Sale
$199,900
MLS 60980469
Garden City
Single Family Residential
4 beds 1 baths 1,080 sq.ft.
CAP RATE Trad. 5.84% Airbnb 3.13%
Investment Properties for Sale
$139,900
MLS 61012531
Garden City
Single Family Residential
3 beds 1 baths 1,178 sq.ft.
CAP RATE Trad. 6.95% Airbnb 2.51%
Investment Properties for Sale
$129,900
MLS 61006685
Garden City
Single Family Residential
3 beds 1 baths 914 sq.ft.
CAP RATE Trad. 7.81% Airbnb 2.52%
Investment Properties for Sale
$227,999
MLS 61011684
Garden City
Single Family Residential
4 beds 2 baths 1,200 sq.ft.
CAP RATE Trad. 6.52% Airbnb 2.33%
Investment Properties for Sale
$150,000
MLS 60994038
Garden City
Single Family Residential
3 beds 1 baths 978 sq.ft.
CAP RATE Trad. 6.73% Airbnb 2.26%
Investment Properties for Sale
$213,500
MLS 61007479
Garden City
Single Family Residential
4 beds 1 baths 1,313 sq.ft.
CAP RATE Trad. 4.22% Airbnb 2.14%
Investment Properties for Sale
$229,000
MLS 26026688
Garden City
Single Family Residential
4 beds 2 baths 2,003 sq.ft.
CAP RATE Trad. 8.84% Airbnb 2.10%
Investment Properties for Sale
$167,500
MLS 20261033638
Garden City
Single Family Residential
3 beds 1 baths 955 sq.ft.
CAP RATE Trad. 7.03% Airbnb 1.96%

Top Garden City, MI Neighborhoods - Real Estate Market Analysis

Garden City
PROPERTY PRICE

$165,000

Median for city
CAP RATE

5.96%

Traditional

5.14%

Airbnb
RENTAL INCOME

$ 1,247

Traditional

$ 1,783

Airbnb

45%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Garden City, MI

Modern Meets Elegance | 3BR Stay| Detroit & DTW
$178 per night Airbnb occupancy rate 38%
House 3 · 0 · 6
Rental Income: $2,047 per month
4.91
313
Tin Lizzie Two- 3 bedroom 2 bathroom whole house
$169 per night Airbnb occupancy rate 34%
House 3 · 0 · 8
Rental Income: $1,746 per month
4.96
158
Designer Detroit Retreat | 3BR w/ Game Room, EV
$162 per night Airbnb occupancy rate 37%
House 3 · 0 · 6
Rental Income: $1,809 per month
4.94
141
Adorable Home with King Bed Near Metro Airport
$128 per night Airbnb occupancy rate 25%
House 2 · 1 · 4
Rental Income: $992 per month
4.77
134
Beautiful 4 Bedroom Home in Redford
$193 per night Airbnb occupancy rate 24%
House 4 · 0 · 8
Rental Income: $1,415 per month
4.97
124
Lovely Linville cozy 3 bed 1 bath entire house
$202 per night Airbnb occupancy rate 21%
House 3 · 1 · 6
Rental Income: $1,263 per month
4.9
99
Modern 3BDR Home | Near *DTW & Downtown Detroit*
$206 per night Airbnb occupancy rate 12%
House 3 · 1.5 · 6
Rental Income: $773 per month
4.93
81
Cozy Home with Bonfire *30 mins from Detroit/AA
$173 per night Airbnb occupancy rate 13%
House 3 · 1 · 6
Rental Income: $706 per month
4.89
80

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
Clinton Township $259,900 5% 1% $1,927 $1,239 161 21%
Redford $170,000 6% 1% $1,390 $1,077 155 21%
View all michigan cities

Vacation Rentals for Sale in michigan

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