Grand Rapids Investment Analysis

Investment Property in Grand Rapids, MI

Grand Rapids Investment Performance

PROPERTY SALE PRICE

$ 262,070

Median

1,829

Avg/Sq.ft.
CASH ON CASH RETURN

1.52%

Traditional

5.29%

Airbnb
NUMBER OF PROPERTIES

304

Investment

104

Airbnb

459

Traditional

62%

Airbnb occ. rate

Grand Rapids Rent Prices

Top Grand Rapids Active Investment Properties

$116,500

927 Prospect Avenue NE

Belknap Lookout

3 beds
1 baths
1,088 sq.ft.

CASH ON CASH

Trad. 3.14%

Airbnb 14.93%

CAP RATE

Trad. 3.14%

Airbnb 14.93%

$109,900

348 Quimby Street NE

Belknap Lookout

3 beds
2 baths
1,746 sq.ft.

CASH ON CASH

Trad. 2.30%

Airbnb 14.80%

CAP RATE

Trad. 2.30%

Airbnb 14.80%

$79,900

643 Delaware Street SE

Madison Area

1 beds
1 baths
760 sq.ft.

CASH ON CASH

Trad. -0.62%

Airbnb 14.80%

CAP RATE

Trad. -0.62%

Airbnb 14.80%

$189,900

1010 Cooper Avenue SE

Fuller Avenue

3 beds
3 baths
1,356 sq.ft.

CASH ON CASH

Trad. 2.91%

Airbnb 14.74%

CAP RATE

Trad. 2.91%

Airbnb 14.74%

Top Grand Rapids Neighborhoods

Heartside
PROPERTY PRICE

$349,000

Median
CASH ON CASH RETURN

-0.93%

Traditional

2.05%

Airbnb
RENTAL INCOME

$ 1,249

Traditional

$ 2,660

Airbnb

72%

Airbnb occ. rate
Black Hills
PROPERTY PRICE

$146,000

Median
CASH ON CASH RETURN

3.05%

Traditional

2.08%

Airbnb
RENTAL INCOME

$ 1,043

Traditional

$ 1,950

Airbnb

70%

Airbnb occ. rate
John Ball Park
PROPERTY PRICE

$214,900

Median
CASH ON CASH RETURN

1.44%

Traditional

0.86%

Airbnb
RENTAL INCOME

$ 1,043

Traditional

$ 1,660

Airbnb

69%

Airbnb occ. rate
Ottawa Hills
PROPERTY PRICE

$350,000

Median
CASH ON CASH RETURN

1.92%

Traditional

6.35%

Airbnb
RENTAL INCOME

$ 1,495

Traditional

$ 3,720

Airbnb

68%

Airbnb occ. rate
South East End
PROPERTY PRICE

$132,500

Median
CASH ON CASH RETURN

2.33%

Traditional

12.00%

Airbnb
RENTAL INCOME

$ 978

Traditional

$ 2,743

Airbnb

67%

Airbnb occ. rate

Grand Rapids Insights

Blogs

Guides and Tips

Similar Cities

Royal Oak, MI

PROPERTY PRICE

$356,473

Median
CASH ON CASH RETURN

1.80%

Traditional

3.12%

Airbnb

Troy, MI

PROPERTY PRICE

$366,521

Median
CASH ON CASH RETURN

2.41%

Traditional

N/A

Airbnb

Ann Arbor, MI

PROPERTY PRICE

$534,410

Median
CASH ON CASH RETURN

0.69%

Traditional

3.34%

Airbnb

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