Gobles Investment Analysis

Investment Property in Gobles, MI

Gobles, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 280,000

Median

2,263

Avg/Sq.ft.
CASH ON CASH RETURN

3.00%

Traditional

4.00%

Airbnb
NUMBER OF PROPERTIES

5

Investment

12

Airbnb

N/A

Traditional

48%

Airbnb occupancy rate

Gobles, MI Properties Rental Prices

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Investment Properties for Sale in Gobles, MI

Investment Properties for Sale
$280,000
MLS 23030295
Gobles
Single Family Residential
2 beds 2 baths 1,640 sq.ft.
CAP RATE Trad. 3.97% Airbnb 9.35%
Investment Properties for Sale
$195,000
MLS 23134238
Gobles
Single Family Residential
3 beds 2 baths 1,800 sq.ft.
CAP RATE Trad. 7.34% Airbnb 4.78%
Investment Properties for Sale
$249,900
MLS 23133213
Gobles
Single Family Residential
3 beds 1 baths 1,904 sq.ft.
CAP RATE Trad. 3.66% Airbnb 3.60%
Investment Properties for Sale
$355,000
MLS 23032389
Gobles
Single Family Residential
3 beds 2 baths 2,470 sq.ft.
CAP RATE Trad. 3.37% Airbnb 2.07%

Single Family Houses for Sale in Gobles, MI

Investment Properties for Sale
$280,000
MLS 23030295
Gobles
Single Family Residential
2 beds 2 baths 1,640 sq.ft.
CAP RATE Trad. 3.97% Airbnb 9.35%
Investment Properties for Sale
$195,000
MLS 23134238
Gobles
Single Family Residential
3 beds 2 baths 1,800 sq.ft.
CAP RATE Trad. 7.34% Airbnb 4.78%
Investment Properties for Sale
$249,900
MLS 23133213
Gobles
Single Family Residential
3 beds 1 baths 1,904 sq.ft.
CAP RATE Trad. 3.66% Airbnb 3.60%
Investment Properties for Sale
$355,000
MLS 23032389
Gobles
Single Family Residential
3 beds 2 baths 2,470 sq.ft.
CAP RATE Trad. 3.37% Airbnb 2.07%

Top Gobles, MI Neighborhoods - Real Estate Market Analysis

Gobles
PROPERTY PRICE

$239,900

Median for city
CAP RATE

2.13%

Traditional

7.70%

Airbnb
RENTAL INCOME

$ 831

Traditional

$ 2,616

Airbnb

52%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Gobles, MI

TreetopsCottage-Mill Lake-Hot Tub-Kayak-Paddleboat
$278 per night Airbnb occupancy rate 44%
Cottage 2 · 1 · 6
Rental Income: $3,781 per month
5
106
Rustic Country Lakeside Retreat - Upper Unit
$168 per night Airbnb occupancy rate 85%
Apartment 2 · 1 · 6
Rental Income: $4,385 per month
5
67
Rustic Country Lakeside Retreat - Lower Unit
$154 per night Airbnb occupancy rate 80%
Apartment 2 · 1 · 6
Rental Income: $3,773 per month
5
67
Secluded, Private 4 Bedroom House On The Hill
$242 per night Airbnb occupancy rate 81%
House 4 · 2.5 · 10
Rental Income: $5,977 per month
5
52
4bd 2.5b Lake House w/4Kayaks, & Sandy beach+more!
$461 per night Airbnb occupancy rate 48%
Cottage 4 · 2.5 · 12
Rental Income: $6,731 per month
5
43
NEW!  - Cozy lake house nestled in the woods
$283 per night Airbnb occupancy rate 42%
Cottage 3 · 2 · 10
Rental Income: $3,679 per month
5
32
The Gobles Estate! Indoor pool/lakefront/10 acres!
$798 per night Airbnb occupancy rate 71%
House 9 · 4 · 16
Rental Income: $17,396 per month
5
28
Country Cottage with access to all sports lake
$201 per night Airbnb occupancy rate 27%
Cottage 3 · 1 · 6
Rental Income: $1,648 per month
5
27

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

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