Grand Rapids Investment Analysis

Investment Property in Grand Rapids, MI

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Grand Rapids, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 315,000

Median

1,833

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

4.00%

Airbnb
NUMBER OF PROPERTIES

607

Investment

1,338

Airbnb

71

Traditional

55%

Airbnb occupancy rate

Grand Rapids, MI Properties Rental Prices

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Investment Properties for Sale in Grand Rapids, MI

Investment Properties for Sale
$349,900
MLS 25013343
East Hills
Single Family Residential
4 beds 2 baths 2,525 sq.ft.
CAP RATE Trad. 5.84% Airbnb 10.10%
Investment Properties for Sale
$195,000
MLS 25006974
Garfield Park
Single Family Residential
3 beds 1 baths 1,252 sq.ft.
CAP RATE Trad. 7.16% Airbnb 10.05%
Investment Properties for Sale
$234,900
MLS 25008902
West Grand
Single Family Residential
4 beds 1 baths 1,416 sq.ft.
CAP RATE Trad. 5.56% Airbnb 10.00%
Investment Properties for Sale
$264,900
MLS 25011199
Ottawa Hills
Single Family Residential
4 beds 2 baths 1,625 sq.ft.
CAP RATE Trad. 7.41% Airbnb 9.95%
Investment Properties for Sale
$295,000
MLS 25010256
Highland Park
Single Family Residential
4 beds 2 baths 1,951 sq.ft.
CAP RATE Trad. 6.22% Airbnb 9.74%
Investment Properties for Sale
$164,900
MLS 25009560
South East End
Single Family Residential
2 beds 1 baths 718 sq.ft.
CAP RATE Trad. 6.12% Airbnb 9.82%
Investment Properties for Sale
$315,000
MLS 25014668
Creston
Single Family Residential
4 beds 2 baths 1,760 sq.ft.
CAP RATE Trad. 6.39% Airbnb 9.60%
Investment Properties for Sale
$320,000
MLS 25011107
Creston
Single Family Residential
4 beds 2 baths 2,248 sq.ft.
CAP RATE Trad. 7.37% Airbnb 9.54%

Single Family Houses for Sale in Grand Rapids, MI

Investment Properties for Sale
$349,900
MLS 25013343
East Hills
Single Family Residential
4 beds 2 baths 2,525 sq.ft.
CAP RATE Trad. 5.84% Airbnb 10.10%
Investment Properties for Sale
$195,000
MLS 25006974
Garfield Park
Single Family Residential
3 beds 1 baths 1,252 sq.ft.
CAP RATE Trad. 7.16% Airbnb 10.05%
Investment Properties for Sale
$234,900
MLS 25008902
West Grand
Single Family Residential
4 beds 1 baths 1,416 sq.ft.
CAP RATE Trad. 5.56% Airbnb 10.00%
Investment Properties for Sale
$264,900
MLS 25011199
Ottawa Hills
Single Family Residential
4 beds 2 baths 1,625 sq.ft.
CAP RATE Trad. 7.41% Airbnb 9.95%
Investment Properties for Sale
$295,000
MLS 25010256
Highland Park
Single Family Residential
4 beds 2 baths 1,951 sq.ft.
CAP RATE Trad. 6.22% Airbnb 9.74%
Investment Properties for Sale
$164,900
MLS 25009560
South East End
Single Family Residential
2 beds 1 baths 718 sq.ft.
CAP RATE Trad. 6.12% Airbnb 9.82%
Investment Properties for Sale
$315,000
MLS 25014668
Creston
Single Family Residential
4 beds 2 baths 1,760 sq.ft.
CAP RATE Trad. 6.39% Airbnb 9.60%
Investment Properties for Sale
$320,000
MLS 25011107
Creston
Single Family Residential
4 beds 2 baths 2,248 sq.ft.
CAP RATE Trad. 7.37% Airbnb 9.54%

Condos for Sale in Grand Rapids, MI

Investment Properties for Sale
$195,000
MLS 25007275
Millbrook
Condo/Coop
3 beds 3 baths 1,280 sq.ft.
CAP RATE Trad. 8.43% Airbnb 8.85%
Investment Properties for Sale
$130,000
MLS 25010405
Millbrook
Condo/Coop
2 beds 1 baths 640 sq.ft.
CAP RATE Trad. 5.39% Airbnb 8.84%
Investment Properties for Sale
$165,000
MLS 25010429
Creston
Condo/Coop
2 beds 2 baths 836 sq.ft.
CAP RATE Trad. 5.91% Airbnb 8.53%
Investment Properties for Sale
$144,900
MLS 25010962
Millbrook
Condo/Coop
2 beds 2 baths 812 sq.ft.
CAP RATE Trad. 6.85% Airbnb 8.24%
Investment Properties for Sale
$167,500
MLS 25013185
Creston
Condo/Coop
2 beds 2 baths 828 sq.ft.
CAP RATE Trad. 4.99% Airbnb 7.80%
Investment Properties for Sale
$169,900
MLS 25005591
Heritage Hill
Condo/Coop
1 beds 1 baths 525 sq.ft.
CAP RATE Trad. 0.97% Airbnb 7.40%
Investment Properties for Sale
$185,000
MLS 25007338
Belknap Lookout
Condo/Coop
2 beds 1 baths 734 sq.ft.
CAP RATE Trad. 3.75% Airbnb 6.94%
Investment Properties for Sale
$140,000
MLS 25011885
Alger Heights
Condo/Coop
2 beds 2 baths 833 sq.ft.
CAP RATE Trad. 6.43% Airbnb 6.67%

Top Grand Rapids, MI Neighborhoods - Real Estate Market Analysis

South East Community
PROPERTY PRICE

$282,450

Median for city
CAP RATE

6.10%

Traditional

N/A

Airbnb
RENTAL INCOME

$ 1,254

Traditional

$ 3,208

Airbnb

57%

Airbnb occupancy rate
Roosevelt Park
PROPERTY PRICE

$282,450

Median for city
CAP RATE

10.13%

Traditional

16.49%

Airbnb
RENTAL INCOME

$ 1,400

Traditional

$ 2,893

Airbnb

58%

Airbnb occupancy rate
Madison Area
PROPERTY PRICE

$282,450

Median for city
CAP RATE

7.38%

Traditional

15.05%

Airbnb
RENTAL INCOME

$ 1,254

Traditional

$ 3,066

Airbnb

56%

Airbnb occupancy rate
Black Hills
PROPERTY PRICE

$282,450

Median for city
CAP RATE

9.33%

Traditional

18.07%

Airbnb
RENTAL INCOME

$ 1,400

Traditional

$ 3,146

Airbnb

56%

Airbnb occupancy rate
Oakdale
PROPERTY PRICE

$282,450

Median for city
CAP RATE

5.53%

Traditional

12.83%

Airbnb
RENTAL INCOME

$ 1,254

Traditional

$ 3,001

Airbnb

60%

Airbnb occupancy rate
Baxter
PROPERTY PRICE

$282,450

Median for city
CAP RATE

7.68%

Traditional

12.18%

Airbnb
RENTAL INCOME

$ 1,487

Traditional

$ 2,923

Airbnb

56%

Airbnb occupancy rate
Fuller Avenue
PROPERTY PRICE

$282,450

Median for city
CAP RATE

6.40%

Traditional

11.85%

Airbnb
RENTAL INCOME

$ 1,487

Traditional

$ 2,912

Airbnb

57%

Airbnb occupancy rate
South Hill
PROPERTY PRICE

$282,450

Median for city
CAP RATE

7.04%

Traditional

12.77%

Airbnb
RENTAL INCOME

$ 1,400

Traditional

$ 3,054

Airbnb

56%

Airbnb occupancy rate
West Grand
PROPERTY PRICE

$282,450

Median for city
CAP RATE

3.14%

Traditional

7.67%

Airbnb
RENTAL INCOME

$ 1,196

Traditional

$ 2,702

Airbnb

53%

Airbnb occupancy rate
John Ball Park
PROPERTY PRICE

$282,450

Median for city
CAP RATE

5.49%

Traditional

12.73%

Airbnb
RENTAL INCOME

$ 1,314

Traditional

$ 3,007

Airbnb

52%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Grand Rapids, MI

Live like a local - Fresh & Bright - Walk Score
$148 per night Airbnb occupancy rate 59%
Apartment 2 · 1 · 5
Rental Income: $2,664 per month
4.87
758
Private cozy apartment. 2 mi from downtown GR!
$89 per night Airbnb occupancy rate 84%
Apartment 2 · 1 · 6
Rental Income: $2,277 per month
4.9
663
Artist Studio Near Downtown (City Certified)
$70 per night Airbnb occupancy rate 64%
Guest suite 1 · 1 · 2
Rental Income: $1,353 per month
4.91
620
Lovely 3 bedroom minutes from downtown GR
$137 per night Airbnb occupancy rate 47%
House 3 · 1.5 · 9
Rental Income: $1,952 per month
4.6
618
Clean and Bright Beer City - Walk Restaurants/Bars
$154 per night Airbnb occupancy rate 60%
Apartment 2 · 1 · 5
Rental Income: $2,823 per month
4.88
608
Charming 20th Century Home Adjacent to Downtown
$385 per night Airbnb occupancy rate 53%
House 4 · 2 · 10
Rental Income: $6,192 per month
4.62
594
1920's 2 Bedroom Apartment adjacent to Downtown GR
$109 per night Airbnb occupancy rate 72%
Apartment 2 · 1 · 5
Rental Income: $2,398 per month
4.6
496
Location! 2nd largest Historical Dist.
$118 per night Airbnb occupancy rate 55%
Guest suite 3 · 1 · 4
Rental Income: $1,977 per month
4.9
466

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
Traverse City $479,900 3% 4% $2,314 $3,372 307 46%
Lincoln Park $164,900 7% 7% $1,531 $2,086 62 54%
Garden City $214,999 5% 3% $1,740 $1,827 43 47%
Walled Lake $291,500 4% 6% $2,106 $3,229 28 57%
View all michigan cities

Vacation Rentals for Sale in michigan

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