Grand Rapids Investment Analysis

Investment Property in Grand Rapids, MI

Grand Rapids Investment Performance

PROPERTY SALE PRICE

$ 266,081

Median

2,101

Avg/Sq.ft.
CASH ON CASH RETURN

2.21%

Traditional

0.31%

Airbnb
NUMBER OF PROPERTIES

186

Investment

66

Airbnb

421

Traditional

48%

Airbnb occ. rate

Grand Rapids Rent Prices

Top Grand Rapids Active Investment Properties

$115,000

23 College Ave SE #15

Heritage Hill

1 beds
1 baths
517 sq.ft.

CASH ON CASH

Trad. 5.87%

Airbnb 10.66%

CAP RATE

Trad. 12.41%

Airbnb 18.39%

$122,500

23 College Avenue SE #4

Heritage Hill

1 beds
1 baths
517 sq.ft.

CASH ON CASH

Trad. 5.11%

Airbnb 9.60%

CAP RATE

Trad. 11.65%

Airbnb 17.27%

$259,900

600 Broadway Avenue NW #216

Belknap Lookout

2 beds
2 baths
1,181 sq.ft.

CASH ON CASH

Trad. 1.07%

Airbnb 6.28%

CAP RATE

Trad. 3.77%

Airbnb 10.29%

$294,900

600 NW Broadway Avenue #104

Belknap Lookout

2 beds
2 baths
1,511 sq.ft.

CASH ON CASH

Trad. -0.10%

Airbnb 4.49%

CAP RATE

Trad. 3.33%

Airbnb 9.07%

Top Grand Rapids Neighborhoods

Heritage Hill
CASH ON CASH RETURN

2.87%

Traditional

4.48%

Airbnb
PROPERTY PRICE

$214,900

Median
RENTAL INCOME

$ 1,274

Traditional

$ 1,466

Airbnb

60%

Airbnb occ. rate
Heartside
CASH ON CASH RETURN

0.69%

Traditional

0.96%

Airbnb
PROPERTY PRICE

$389,000

Median
RENTAL INCOME

$ 1,394

Traditional

$ 2,403

Airbnb

54%

Airbnb occ. rate

Grand Rapids Insights

Blogs

Guides and Tips

Similar Cities

Royal Oak, MI

PROPERTY PRICE

$280,773

Median
CASH ON CASH RETURN

3.26%

Traditional

4.07%

Airbnb

Troy, MI

PROPERTY PRICE

$382,599

Median
CASH ON CASH RETURN

1.82%

Traditional

3.44%

Airbnb

Ann Arbor, MI

PROPERTY PRICE

$425,735

Median
CASH ON CASH RETURN

2.00%

Traditional

5.64%

Airbnb

Your search for rental property begins and end here

Use analytics to find lucrative traditional or Airbnb properties in a matter of minutes.

No more spreadsheets, no more searching.