Grand Rapids Investment Analysis

Investment Property in Grand Rapids, MI

Grand Rapids Investment Performance

PROPERTY SALE PRICE

$ 255,995

Median

1,876

Avg/Sq.ft.
CASH ON CASH RETURN

1.48%

Traditional

5.67%

Airbnb
NUMBER OF PROPERTIES

378

Investment

88

Airbnb

445

Traditional

70%

Airbnb occ. rate

Grand Rapids Rent Prices

Top Grand Rapids Active Investment Properties

$119,900

1041 Fountain Street NE

Midtown

2 beds
2 baths
1,353 sq.ft.

CASH ON CASH

Trad. 5.48%

Airbnb 18.17%

CAP RATE

Trad. 13.39%

Airbnb 30.09%

$79,900

318 Hogadone Avenue SW

SWAN

2 beds
1 baths
1,428 sq.ft.

CASH ON CASH

Trad. 8.66%

Airbnb 19.98%

CAP RATE

Trad. 20.09%

Airbnb 34.99%

$125,900

1720 Ira Avenue

West Grand

2 beds
2 baths
729 sq.ft.

CASH ON CASH

Trad. 1.33%

Airbnb 17.23%

CAP RATE

Trad. 8.03%

Airbnb 28.94%

$115,000

80 Kirtland Street SW

Garfield Park

3 beds
2 baths
1,501 sq.ft.

CASH ON CASH

Trad. 2.24%

Airbnb 16.93%

CAP RATE

Trad. 8.79%

Airbnb 28.12%

Top Grand Rapids Neighborhoods

South East Community
PROPERTY PRICE

$100,000

Median
CASH ON CASH RETURN

4.95%

Traditional

29.59%

Airbnb
RENTAL INCOME

$ 1,013

Traditional

$ 3,081

Airbnb

78%

Airbnb occ. rate
Baxter
PROPERTY PRICE

$94,950

Median
CASH ON CASH RETURN

2.62%

Traditional

34.47%

Airbnb
RENTAL INCOME

$ 957

Traditional

$ 3,360

Airbnb

75%

Airbnb occ. rate
South Hill
PROPERTY PRICE

$212,250

Median
CASH ON CASH RETURN

1.32%

Traditional

9.37%

Airbnb
RENTAL INCOME

$ 870

Traditional

$ 3,037

Airbnb

75%

Airbnb occ. rate
Midtown
PROPERTY PRICE

$220,000

Median
CASH ON CASH RETURN

1.62%

Traditional

10.15%

Airbnb
RENTAL INCOME

$ 1,208

Traditional

$ 2,819

Airbnb

74%

Airbnb occ. rate
Ottawa Hills
PROPERTY PRICE

$449,900

Median
CASH ON CASH RETURN

0.68%

Traditional

9.41%

Airbnb
RENTAL INCOME

$ 1,427

Traditional

$ 4,556

Airbnb

73%

Airbnb occ. rate

Grand Rapids Insights

Blogs

Guides and Tips

Similar Cities

Royal Oak, MI

PROPERTY PRICE

$328,441

Median
CASH ON CASH RETURN

2.20%

Traditional

3.87%

Airbnb

Troy, MI

PROPERTY PRICE

$396,149

Median
CASH ON CASH RETURN

2.21%

Traditional

N/A

Airbnb

Ann Arbor, MI

PROPERTY PRICE

$549,128

Median
CASH ON CASH RETURN

1.08%

Traditional

3.93%

Airbnb

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