Garden City Investment Analysis

Investment Property in Garden City, MI

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Garden City, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$222,144

Median

1,777

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

1.00%

Airbnb
NUMBER OF PROPERTIES

172

Investment

53

Airbnb

8

Traditional

28%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

110

Number of homes sold

17

Median days on market

100%

Average sale-to-list price ratio

30%

Percentage of listings with price drops

172

Active listings count

127

New listings count

1.3

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
$139,999
MLS 20261083519
Garden City
Single Family Residential
3 beds 1 baths 922 sq.ft.
CAP RATE Trad. 7.77% Airbnb 3.82%
Investment Properties for Sale
$148,000
MLS 20261086720
Garden City
Other
3 beds 1 baths 980 sq.ft.
CAP RATE Trad. 7.32% Airbnb 3.78%
Investment Properties for Sale
$175,000
MLS 20261073647
Garden City
Other
4 beds 1 baths 1,120 sq.ft.
CAP RATE Trad. 6.54% Airbnb 3.56%
Investment Properties for Sale
$174,900
MLS 26015836
Garden City
Single Family Residential
3 beds 1 baths 1,019 sq.ft.
CAP RATE Trad. 5.95% Airbnb 2.96%
Investment Properties for Sale
$159,900
MLS 20261054204
Garden City
Single Family Residential
3 beds 1 baths 1,222 sq.ft.
CAP RATE Trad. 7.35% Airbnb 2.95%
Investment Properties for Sale
$159,900
MLS 20261016542
Garden City
Other
3 beds 1 baths 1,220 sq.ft.
CAP RATE Trad. 6.97% Airbnb 2.87%
Investment Properties for Sale
$175,000
MLS 20261077614
Garden City
Other
3 beds 2 baths 1,234 sq.ft.
CAP RATE Trad. 8.38% Airbnb 2.75%
Investment Properties for Sale
$179,000
MLS 20261082226
Garden City
Single Family Residential
3 beds 2 baths 1,200 sq.ft.
CAP RATE Trad. 8.24% Airbnb 2.69%

Single Family Houses for Sale in Garden City, MI

Investment Properties for Sale
$139,999
MLS 20261083519
Garden City
Single Family Residential
3 beds 1 baths 922 sq.ft.
CAP RATE Trad. 7.77% Airbnb 3.82%
Investment Properties for Sale
$174,900
MLS 26015836
Garden City
Single Family Residential
3 beds 1 baths 1,019 sq.ft.
CAP RATE Trad. 5.95% Airbnb 2.96%
Investment Properties for Sale
$159,900
MLS 20261054204
Garden City
Single Family Residential
3 beds 1 baths 1,222 sq.ft.
CAP RATE Trad. 7.35% Airbnb 2.95%
Investment Properties for Sale
$179,000
MLS 20261082226
Garden City
Single Family Residential
3 beds 2 baths 1,200 sq.ft.
CAP RATE Trad. 8.24% Airbnb 2.69%
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 2.54%
Investment Properties for Sale
$144,900
MLS 20261049804
Garden City
Single Family Residential
3 beds 1 baths 1,155 sq.ft.
CAP RATE Trad. 7.69% Airbnb 2.57%
Investment Properties for Sale
$190,000
MLS 20261085303
Garden City
Single Family Residential
3 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 5.45% Airbnb 2.42%
Investment Properties for Sale
$215,000
MLS 50221011
Garden City
Single Family Residential
3 beds 1 baths 1,897 sq.ft.
CAP RATE Trad. 6.60% Airbnb 2.32%

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
$165 per night Airbnb occupancy rate 48%
House 3 · 2 · 6
Rental Income: $2,420 per month
4.91
337
Tin Lizzie Two- 3 bedroom 2 bathroom whole house
$165 per night Airbnb occupancy rate 44%
House 3 · 2 · 8
Rental Income: $2,200 per month
4.96
168
Designer Detroit Retreat | 3BR w/ Game Room, EV
$158 per night Airbnb occupancy rate 43%
House 3 · 1 · 6
Rental Income: $2,067 per month
4.94
159
Adorable Home with King Bed Near Metro Airport
$179 per night Airbnb occupancy rate 19%
House 2 · 1 · 4
Rental Income: $1,059 per month
4.74
138
The Rockland Place
$183 per night Airbnb occupancy rate 25%
House 4 · 2 · 8
Rental Income: $1,388 per month
4.97
131
Lovely Linville cozy 3 bed 1 bath entire house
$146 per night Airbnb occupancy rate 24%
House 3 · 1 · 6
Rental Income: $1,046 per month
4.9
112
Pet-Friendly 2BR Duplex unit / Private yard
$87 per night Airbnb occupancy rate 43%
Townhouse 2 · 1 · 4
Rental Income: $1,131 per month
4.72
97
Cozy Family Ranch Near DTW
$116 per night Airbnb occupancy rate 43%
House 2 · 1 · 4
Rental Income: $1,508 per month
4.75
85

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 $252,450 5% 1% $2,133 $1,453 162 26%
Lincoln Park $165,000 7% 5% $1,544 $1,876 77 32%
Walled Lake $299,900 3% 1% $2,199 $1,535 65 35%
View all michigan cities

Vacation Rentals for Sale in michigan

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