Grand Rapids Investment Analysis
Investment Property in Grand Rapids, MI
Grand Rapids, MI Real Estate Investment Performance
$ 325,000
Median
2,193
Avg/Sq.ft.
6.00%
Traditional
7.00%
Airbnb
394
Investment
2,412
Airbnb
41
Traditional
61%
Airbnb occupancy rate
Grand Rapids, MI Properties Rental Prices
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Investment Properties for Sale in Grand Rapids, MI
$269,900
MLS 23032559
Single Family Residential
CAP RATE
Trad.
4.16%
Airbnb
10.13%
$250,000
MLS 23031426
Single Family Residential
CAP RATE
Trad.
6.84%
Airbnb
10.12%
$350,000
MLS 23134673
Single Family Residential
CAP RATE
Trad.
4.93%
Airbnb
10.00%
$199,900
MLS 23134404
Single Family Residential
CAP RATE
Trad.
6.19%
Airbnb
10.02%
$205,000
MLS 23135465
Condo/Coop
CAP RATE
Trad.
8.95%
Airbnb
10.00%
$209,900
MLS 23032121
Single Family Residential
CAP RATE
Trad.
6.21%
Airbnb
9.90%
$459,900
MLS 23135074
Single Family Residential
CAP RATE
Trad.
4.91%
Airbnb
9.55%
$280,000
MLS 23028866
Single Family Residential
CAP RATE
Trad.
8.48%
Airbnb
9.61%
Single Family Houses for Sale in Grand Rapids, MI
$269,900
MLS 23032559
Single Family Residential
CAP RATE
Trad.
4.16%
Airbnb
10.13%
$250,000
MLS 23031426
Single Family Residential
CAP RATE
Trad.
6.84%
Airbnb
10.12%
$350,000
MLS 23134673
Single Family Residential
CAP RATE
Trad.
4.93%
Airbnb
10.00%
$199,900
MLS 23134404
Single Family Residential
CAP RATE
Trad.
6.19%
Airbnb
10.02%
$209,900
MLS 23032121
Single Family Residential
CAP RATE
Trad.
6.21%
Airbnb
9.90%
$459,900
MLS 23135074
Single Family Residential
CAP RATE
Trad.
4.91%
Airbnb
9.55%
$280,000
MLS 23028866
Single Family Residential
CAP RATE
Trad.
8.48%
Airbnb
9.61%
$369,900
MLS 23032097
Single Family Residential
CAP RATE
Trad.
4.56%
Airbnb
9.50%
Multi Family Houses for sale in Grand Rapids, MI
$235,000
MLS 23135050
Multi Family
CAP RATE
Trad.
11.56%
Airbnb
N/A
$199,900
MLS 23134061
Multi Family
CAP RATE
Trad.
9.49%
Airbnb
N/A
$200,000
MLS 23027463
Multi Family
CAP RATE
Trad.
9.24%
Airbnb
N/A
$200,000
MLS 23027467
Multi Family
CAP RATE
Trad.
9.07%
Airbnb
N/A
$205,000
MLS 23027469
Multi Family
CAP RATE
Trad.
8.66%
Airbnb
N/A
$205,000
MLS 23133588
Multi Family
CAP RATE
Trad.
8.65%
Airbnb
N/A
$224,900
MLS 23027062
Multi Family
CAP RATE
Trad.
8.57%
Airbnb
N/A
$200,000
MLS 23027462
Multi Family
CAP RATE
Trad.
8.40%
Airbnb
N/A
Condos for Sale in Grand Rapids, MI
$205,000
MLS 23135465
Condo/Coop
CAP RATE
Trad.
8.95%
Airbnb
10.00%
$234,900
MLS 23032545
Condo/Coop
CAP RATE
Trad.
7.46%
Airbnb
8.90%
$262,500
MLS 23133607
Condo/Coop
CAP RATE
Trad.
7.00%
Airbnb
8.86%
$249,800
MLS 23133402
Condo/Coop
CAP RATE
Trad.
7.41%
Airbnb
8.78%
$305,000
MLS 23026714
Condo/Coop
CAP RATE
Trad.
7.44%
Airbnb
8.39%
$264,900
MLS 23023638
Condo/Coop
CAP RATE
Trad.
7.02%
Airbnb
8.01%
$335,000
MLS 23030378
Condo/Coop
CAP RATE
Trad.
5.45%
Airbnb
7.89%
$275,000
MLS 23134780
Condo/Coop
CAP RATE
Trad.
4.73%
Airbnb
7.70%
Top Grand Rapids, MI Neighborhoods - Real Estate Market Analysis
South East Community
$282,450
Median for city
6.10%
Traditional
N/A
Airbnb
$ 1,254
Traditional
$ 3,208
Airbnb
57%
Airbnb occupancy rate
Roosevelt Park
$282,450
Median for city
10.13%
Traditional
16.49%
Airbnb
$ 1,400
Traditional
$ 2,893
Airbnb
58%
Airbnb occupancy rate
Madison Area
$282,450
Median for city
7.38%
Traditional
15.05%
Airbnb
$ 1,254
Traditional
$ 3,066
Airbnb
56%
Airbnb occupancy rate
Black Hills
$282,450
Median for city
9.33%
Traditional
18.07%
Airbnb
$ 1,400
Traditional
$ 3,146
Airbnb
56%
Airbnb occupancy rate
Oakdale
$282,450
Median for city
5.53%
Traditional
12.83%
Airbnb
$ 1,254
Traditional
$ 3,001
Airbnb
60%
Airbnb occupancy rate
Baxter
$282,450
Median for city
7.68%
Traditional
12.18%
Airbnb
$ 1,487
Traditional
$ 2,923
Airbnb
56%
Airbnb occupancy rate
Fuller Avenue
$282,450
Median for city
6.40%
Traditional
11.85%
Airbnb
$ 1,487
Traditional
$ 2,912
Airbnb
57%
Airbnb occupancy rate
South Hill
$282,450
Median for city
7.04%
Traditional
12.77%
Airbnb
$ 1,400
Traditional
$ 3,054
Airbnb
56%
Airbnb occupancy rate
West Grand
$282,450
Median for city
3.14%
Traditional
7.67%
Airbnb
$ 1,196
Traditional
$ 2,702
Airbnb
53%
Airbnb occupancy rate
John Ball Park
$282,450
Median for city
5.49%
Traditional
12.73%
Airbnb
$ 1,314
Traditional
$ 3,007
Airbnb
52%
Airbnb occupancy rate
Popular Blog Posts
Popular Airbnb Topics
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Grand Rapids, MI
$147 per night
Airbnb occupancy rate 67%
Apartment 2 · 1 · 5
Rental Income: $2,999 per month
636
$143 per night
Airbnb occupancy rate 53%
House 3 · 1.5 · 9
Rental Income: $2,331 per month
569
$273 per night
Airbnb occupancy rate 47%
House 4 · 2 · 10
Rental Income: $3,904 per month
543
$159 per night
Airbnb occupancy rate 72%
Apartment 2 · 1 · 5
Rental Income: $3,498 per month
509
$185 per night
Airbnb occupancy rate 50%
Loft 1 · 1 · 2
Rental Income: $2,812 per month
490
$83 per night
Airbnb occupancy rate 80%
Guest suite 1 · 1 · 2
Rental Income: $2,042 per month
487
$55 per night
Airbnb occupancy rate 93%
Apartment 2 · 1 · 6
Rental Income: $1,568 per month
480
$98 per night
Airbnb occupancy rate 59%
Apartment 2 · 1 · 5
Rental Income: $1,764 per month
460
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 | $298,500 | 4% | 2% | $2,009 | $1,400 | 34 | 72% |
| Wixom | $459,900 | 4% | 4% | $2,712 | $3,532 | 13 | 72% |
| Rockwood | $287,000 | 5% | 10% | $1,891 | $4,536 | 10 | 72% |
| Riverview | $199,950 | 5% | 6% | $1,709 | $2,549 | 10 | 69% |
| Holt | $269,900 | 5% | 5% | $1,886 | $2,523 | 17 | 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% |
| 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% |
| Eaton Rapids | $259,950 | 6% | 34% | $1,850 | $7,649 | 26 | 61% |
| Trenton | $199,900 | 6% | 8% | $1,733 | $3,321 | 27 | 60% |
| Lake Orion | $399,900 | 4% | 7% | $2,518 | $4,230 | 44 | 58% |
| Haslett | $320,000 | 4% | 9% | $2,135 | $3,385 | 21 | 58% |
| Okemos | $472,500 | 3% | 4% | $2,438 | $2,493 | 34 | 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 | 5% | 4% | $1,843 | $2,695 | 112 | 51% |
Vacation Rentals for Sale in michigan
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