Hazel Park Investment Analysis

Investment Property in Hazel Park, MI

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Hazel Park, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$169,919

Median

1,112

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

4.00%

Airbnb
NUMBER OF PROPERTIES

163

Investment

363

Airbnb

27

Traditional

30%

Airbnb occupancy rate

Redfin Housing market insights powered by Redfin

76

Number of homes sold

27

Median days on market

99%

Average sale-to-list price ratio

43%

Percentage of listings with price drops

163

Active listings count

106

New listings count

2.5

Months of supply

Hazel Park, MI Properties Rental Prices

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Investment Properties for Sale in Hazel Park, MI

Investment Properties for Sale
$109,900
MLS 26058024
Hazel Park
Single Family Residential
3 beds 1 baths 853 sq.ft.
CAP RATE Trad. 10.91% Airbnb 9.36%
Investment Properties for Sale
$105,000
MLS 20261087079
Hazel Park
Single Family Residential
3 beds 1 baths 844 sq.ft.
CAP RATE Trad. 7.98% Airbnb 9.33%
Investment Properties for Sale
$135,000
MLS 20261081770
Hazel Park
Other
3 beds 1 baths 787 sq.ft.
CAP RATE Trad. 7.41% Airbnb 7.71%
Investment Properties for Sale
$129,900
MLS 26051057
Hazel Park
Single Family Residential
4 beds 1 baths 1,241 sq.ft.
CAP RATE Trad. 9.35% Airbnb 7.49%
Investment Properties for Sale
$134,900
MLS 20261075261
Hazel Park
Single Family Residential
3 beds 1 baths 736 sq.ft.
CAP RATE Trad. 5.99% Airbnb 7.45%
Investment Properties for Sale
$140,000
MLS 26046868
Hazel Park
Single Family Residential
3 beds 1 baths 975 sq.ft.
CAP RATE Trad. 7.23% Airbnb 7.34%
Investment Properties for Sale
$150,000
MLS 20261074006
Hazel Park
Other
4 beds 2 baths 1,611 sq.ft.
CAP RATE Trad. 12.18% Airbnb 6.73%
Investment Properties for Sale
$165,000
MLS 20261081324
Hazel Park
Other
3 beds 1 baths 1,147 sq.ft.
CAP RATE Trad. 7.23% Airbnb 5.89%

Single Family Houses for Sale in Hazel Park, MI

Investment Properties for Sale
$109,900
MLS 26058024
Hazel Park
Single Family Residential
3 beds 1 baths 853 sq.ft.
CAP RATE Trad. 10.91% Airbnb 9.36%
Investment Properties for Sale
$105,000
MLS 20261087079
Hazel Park
Single Family Residential
3 beds 1 baths 844 sq.ft.
CAP RATE Trad. 7.98% Airbnb 9.33%
Investment Properties for Sale
$129,900
MLS 26051057
Hazel Park
Single Family Residential
4 beds 1 baths 1,241 sq.ft.
CAP RATE Trad. 9.35% Airbnb 7.49%
Investment Properties for Sale
$134,900
MLS 20261075261
Hazel Park
Single Family Residential
3 beds 1 baths 736 sq.ft.
CAP RATE Trad. 5.99% Airbnb 7.45%
Investment Properties for Sale
$140,000
MLS 26046868
Hazel Park
Single Family Residential
3 beds 1 baths 975 sq.ft.
CAP RATE Trad. 7.23% Airbnb 7.34%
Investment Properties for Sale
$150,000
MLS 20261079010
Hazel Park
Single Family Residential
3 beds 1 baths 957 sq.ft.
CAP RATE Trad. 6.75% Airbnb 5.88%
Investment Properties for Sale
$170,000
MLS 20261006063
Hazel Park
Single Family Residential
3 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 6.30% Airbnb 5.29%
Investment Properties for Sale
$179,890
MLS 20261046162
Hazel Park
Single Family Residential
4 beds 1 baths 1,198 sq.ft.
CAP RATE Trad. 6.58% Airbnb 5.12%

Top Hazel Park, MI Neighborhoods - Real Estate Market Analysis

Hazel Park
PROPERTY PRICE

$229,000

Median for city
CAP RATE

5.47%

Traditional

6.47%

Airbnb
RENTAL INCOME

$ 1,565

Traditional

$ 1,604

Airbnb
 

50%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Hazel Park, MI

Wonderful Downtown Ferndale Apt**Superb Location**
$83 per night Airbnb occupancy rate 79%
Apartment 1 · 1 · 2
Rental Income: $1,985 per month
4.95
832
3 Bed Cozy Home - Downtown Ferndale, MI
$117 per night Airbnb occupancy rate 55%
House 3 · 1 · 7
Rental Income: $1,940 per month
4.78
481
NEWLY RENOVATED. Minutes from DWTN Royal Oak!
$150 per night Airbnb occupancy rate 48%
House 3 · 2 · 6
Rental Income: $2,188 per month
4.94
399
NearEverything65”TVNewAppliancesKingBedsFenced4B2B
$190 per night Airbnb occupancy rate 40%
House 4 · 2 · 9
Rental Income: $2,312 per month
4.78
379
Scandi 3BR Near Ferndale + Detroit
$115 per night Airbnb occupancy rate 54%
House 3 · 1 · 6
Rental Income: $1,888 per month
4.73
377
Hygge House - 5min walk to Energetic DT RO
$125 per night Airbnb occupancy rate 54%
Apartment 1 · 1 · 2
Rental Income: $2,042 per month
4.97
358
Cozy, remodeled bungalow near downtown Ferndale
$152 per night Airbnb occupancy rate 50%
House 2 · 1 · 4
Rental Income: $2,293 per month
4.93
331
FD OASIS-Walk DT Ferndale-close to all action
$88 per night Airbnb occupancy rate 29%
Guest suite 1 · 1 · 3
Rental Income: $777 per month
4.92
318

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
Clinton Township $252,450 5% 1% $1,982 $1,453 164 26%
Lincoln Park $166,000 7% 5% $1,484 $1,876 80 32%
Garden City $235,000 5% 1% $1,680 $1,365 65 28%
Walled Lake $282,450 2% 1% $2,011 $1,510 52 35%
View all michigan cities

Vacation Rentals for Sale in michigan

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