Harsens Island Investment Analysis

Investment Property in Harsens Island, MI

Harsens Island, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 309,950

Median

1,842

Avg/Sq.ft.
CASH ON CASH RETURN

3.00%

Traditional

7.00%

Airbnb
NUMBER OF PROPERTIES

16

Investment

28

Airbnb

N/A

Traditional

47%

Airbnb occupancy rate

Harsens Island, MI Properties Rental Prices

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Investment Properties for Sale in Harsens Island, MI

Investment Properties for Sale
$294,900
MLS 50119365
Harsens Island
Single Family Residential
4 beds 2 baths 2,052 sq.ft.
CAP RATE Trad. 4.17% Airbnb 9.93%
Investment Properties for Sale
$229,900
MLS 50119513
Harsens Island
Single Family Residential
3 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 2.69% Airbnb 8.44%
Investment Properties for Sale
$400,000
MLS 50105666
Harsens Island
Single Family Residential
4 beds 5 baths 2,518 sq.ft.
CAP RATE Trad. 6.57% Airbnb 6.67%
Investment Properties for Sale
$274,900
MLS 50106040
Harsens Island
Single Family Residential
3 beds 1 baths 1,080 sq.ft.
CAP RATE Trad. 2.05% Airbnb 6.66%
Investment Properties for Sale
$325,000
MLS 50120682
Harsens Island
Single Family Residential
2 beds 1 baths 2,300 sq.ft.
CAP RATE Trad. 1.00% Airbnb 3.28%
Investment Properties for Sale
$334,900
MLS 50121250
Harsens Island
Single Family Residential
2 beds 2 baths 1,176 sq.ft.
CAP RATE Trad. 2.51% Airbnb 3.14%
Investment Properties for Sale
$549,900
MLS 50110913
Harsens Island
Single Family Residential
3 beds 1 baths 1,908 sq.ft.
CAP RATE Trad. 0.72% Airbnb 2.67%
Investment Properties for Sale
$850,000
MLS 20230052157
Harsens Island
Single Family Residential
4 beds 3 baths 3,236 sq.ft.
CAP RATE Trad. 1.27% Airbnb 2.58%

Single Family Houses for Sale in Harsens Island, MI

Investment Properties for Sale
$294,900
MLS 50119365
Harsens Island
Single Family Residential
4 beds 2 baths 2,052 sq.ft.
CAP RATE Trad. 4.17% Airbnb 9.93%
Investment Properties for Sale
$229,900
MLS 50119513
Harsens Island
Single Family Residential
3 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 2.69% Airbnb 8.44%
Investment Properties for Sale
$400,000
MLS 50105666
Harsens Island
Single Family Residential
4 beds 5 baths 2,518 sq.ft.
CAP RATE Trad. 6.57% Airbnb 6.67%
Investment Properties for Sale
$274,900
MLS 50106040
Harsens Island
Single Family Residential
3 beds 1 baths 1,080 sq.ft.
CAP RATE Trad. 2.05% Airbnb 6.66%
Investment Properties for Sale
$325,000
MLS 50120682
Harsens Island
Single Family Residential
2 beds 1 baths 2,300 sq.ft.
CAP RATE Trad. 1.00% Airbnb 3.28%
Investment Properties for Sale
$334,900
MLS 50121250
Harsens Island
Single Family Residential
2 beds 2 baths 1,176 sq.ft.
CAP RATE Trad. 2.51% Airbnb 3.14%
Investment Properties for Sale
$549,900
MLS 50110913
Harsens Island
Single Family Residential
3 beds 1 baths 1,908 sq.ft.
CAP RATE Trad. 0.72% Airbnb 2.67%
Investment Properties for Sale
$850,000
MLS 20230052157
Harsens Island
Single Family Residential
4 beds 3 baths 3,236 sq.ft.
CAP RATE Trad. 1.27% Airbnb 2.58%

Top Harsens Island, MI Neighborhoods - Real Estate Market Analysis

Harsens Island
PROPERTY PRICE

$359,900

Median for city
CAP RATE

1.97%

Traditional

2.52%

Airbnb
RENTAL INCOME

$ 1,289

Traditional

$ 2,038

Airbnb

38%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Harsens Island, MI

Captain’s Quarters
$115 per night Airbnb occupancy rate 46%
Cottage 0 · 1 · 4
Rental Income: $1,622 per month
5
69
Waterfront 2 bedroom sleeps 4  private residence
$129 per night Airbnb occupancy rate 36%
Condominium 2 · 1.5 · 4
Rental Income: $1,432 per month
5
55
3 Bedroom Harsens Island Getaway w/ Private Beach!
$120 per night Airbnb occupancy rate 58%
House 3 · 1 · 8
Rental Income: $2,148 per month
5
54
Harsens Island Vacation Rental
$294 per night Airbnb occupancy rate 26%
House 3 · 2 · 6
Rental Income: $2,323 per month
5
52
Relaxing Ranch on the Mainland
$175 per night Airbnb occupancy rate 65%
House 3 · 1.5 · 4
Rental Income: $3,483 per month
5
35
Susan’s Lucky Ducks River House
$377 per night Airbnb occupancy rate 71%
Cottage 4 · 3 · 8
Rental Income: $8,219 per month
5
31
Amazing water views overlooking the North Channel
$276 per night Airbnb occupancy rate 19%
Townhouse 2 · 1 · 4
Rental Income: $1,625 per month
5
25
Cozy Little Island Getaway.
$86 per night Airbnb occupancy rate 58%
Cottage 1 · 1 · 4
Rental Income: $1,539 per month
5
25

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 $374,950 4% 4% $2,386 $3,126 12 72%
Wixom $459,900 4% 4% $2,712 $3,532 13 72%
Rockwood $287,000 5% 10% $1,891 $4,536 10 72%
Holt $254,900 5% 5% $1,834 $2,523 16 68%
Wyandotte $175,500 4% 5% $1,311 $1,831 34 68%
Lincoln Park $147,500 7% 8% $1,492 $2,001 57 65%
Canton $400,000 4% 5% $2,416 $3,529 117 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%
Trenton $199,900 6% 8% $1,733 $3,321 27 60%
White Lake $412,450 5% 6% $2,526 $3,252 52 59%
Lake Orion $399,900 4% 7% $2,518 $4,230 44 58%
Haslett $281,250 4% 10% $1,882 $3,385 18 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 4% 4% $1,843 $2,695 115 51%
Mount Clemens $159,900 6% 9% $1,315 $2,577 11 50%
Grosse Ile $424,500 3% 8% $2,308 $2,645 14 49%
View all michigan cities

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