Hazel Park Investment Analysis

Investment Property in Hazel Park, MI

Hazel Park, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 170,000

Median

1,190

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

10.00%

Airbnb
NUMBER OF PROPERTIES

39

Investment

815

Airbnb

52

Traditional

63%

Airbnb occupancy rate

Hazel Park, MI Properties Rental Prices

Predict Short-Term Rental Revenue

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Investment Properties for Sale in Hazel Park, MI

Investment Properties for Sale
$179,900
MLS 50120571
Hazel Park
Single Family Residential
3 beds 1 baths 1,100 sq.ft.
CAP RATE Trad. 6.28% Airbnb 10.20%
Investment Properties for Sale
$114,900
MLS 20230069957
Hazel Park
Single Family Residential
2 beds 1 baths 847 sq.ft.
CAP RATE Trad. 7.36% Airbnb 10.36%
Investment Properties for Sale
$124,900
MLS 50104165
Hazel Park
Single Family Residential
2 beds 1 baths 780 sq.ft.
CAP RATE Trad. 7.95% Airbnb 10.31%
Investment Properties for Sale
$132,979
MLS 20230063546
Hazel Park
Single Family Residential
2 beds 2 baths 681 sq.ft.
CAP RATE Trad. 7.42% Airbnb 9.67%
Investment Properties for Sale
$299,900
MLS 20230059142
Hazel Park
Single Family Residential
4 beds 2 baths 1,650 sq.ft.
CAP RATE Trad. 5.56% Airbnb 9.40%
Investment Properties for Sale
$199,900
MLS 20221066789
Hazel Park
Single Family Residential
3 beds 2 baths 1,801 sq.ft.
CAP RATE Trad. 7.80% Airbnb 9.39%
Investment Properties for Sale
$130,000
MLS 20230077644
Hazel Park
Single Family Residential
2 beds 1 baths 900 sq.ft.
CAP RATE Trad. 7.28% Airbnb 9.20%
Investment Properties for Sale
$139,900
MLS 20230058914
Hazel Park
Single Family Residential
2 beds 1 baths 713 sq.ft.
CAP RATE Trad. 6.60% Airbnb 8.93%

Single Family Houses for Sale in Hazel Park, MI

Investment Properties for Sale
$179,900
MLS 50120571
Hazel Park
Single Family Residential
3 beds 1 baths 1,100 sq.ft.
CAP RATE Trad. 6.28% Airbnb 10.20%
Investment Properties for Sale
$114,900
MLS 20230069957
Hazel Park
Single Family Residential
2 beds 1 baths 847 sq.ft.
CAP RATE Trad. 7.36% Airbnb 10.36%
Investment Properties for Sale
$124,900
MLS 50104165
Hazel Park
Single Family Residential
2 beds 1 baths 780 sq.ft.
CAP RATE Trad. 7.95% Airbnb 10.31%
Investment Properties for Sale
$132,979
MLS 20230063546
Hazel Park
Single Family Residential
2 beds 2 baths 681 sq.ft.
CAP RATE Trad. 7.42% Airbnb 9.67%
Investment Properties for Sale
$299,900
MLS 20230059142
Hazel Park
Single Family Residential
4 beds 2 baths 1,650 sq.ft.
CAP RATE Trad. 5.56% Airbnb 9.40%
Investment Properties for Sale
$199,900
MLS 20221066789
Hazel Park
Single Family Residential
3 beds 2 baths 1,801 sq.ft.
CAP RATE Trad. 7.80% Airbnb 9.39%
Investment Properties for Sale
$130,000
MLS 20230077644
Hazel Park
Single Family Residential
2 beds 1 baths 900 sq.ft.
CAP RATE Trad. 7.28% Airbnb 9.20%
Investment Properties for Sale
$139,900
MLS 20230058914
Hazel Park
Single Family Residential
2 beds 1 baths 713 sq.ft.
CAP RATE Trad. 6.60% Airbnb 8.93%

Condos for Sale in Hazel Park, MI

Investment Properties for Sale
$264,905
MLS 20230055289
Hazel Park
Condo/Coop
2 beds 3 baths 1,334 sq.ft.
CAP RATE Trad. 4.79% Airbnb 3.79%
Investment Properties for Sale
$272,450
MLS 20230058034
Hazel Park
Condo/Coop
2 beds 3 baths 1,334 sq.ft.
CAP RATE Trad. 4.12% Airbnb 3.15%
Investment Properties for Sale
$278,830
MLS 20230058032
Hazel Park
Condo/Coop
2 beds 3 baths 1,334 sq.ft.
CAP RATE Trad. 4.00% Airbnb 3.06%
Investment Properties for Sale
$301,650
MLS 20230058036
Hazel Park
Condo/Coop
2 beds 3 baths 1,334 sq.ft.
CAP RATE Trad. 3.62% Airbnb 2.75%

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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Short Term Rentals For Sale

Airbnb Vacation Rentals in Hazel Park, MI

Wonderful Downtown Ferndale Apt**Superb Location**
$76 per night Airbnb occupancy rate 65%
Apartment 1 · 1 · 2
Rental Income: $1,512 per month
5
596
Uniquely designed, warm and cozy Detroit hideaway!
$79 per night Airbnb occupancy rate 67%
House 2 · 1 · 4
Rental Income: $1,627 per month
5
357
3 Bed Cozy Home - Downtown Ferndale, MI
$111 per night Airbnb occupancy rate 67%
House 3 · 1 · 7
Rental Income: $2,264 per month
5
349
Beautiful Flat In Unique Hamtramck
$118 per night Airbnb occupancy rate 30%
Loft 1 · 1 · 3
Rental Income: $1,074 per month
5
346
Quaint House in Ferndale
$106 per night Airbnb occupancy rate 53%
House 3 · 1 · 12
Rental Income: $1,708 per month
5
307
NEWLY RENOVATED. Minutes from DWTN Royal Oak!
$179 per night Airbnb occupancy rate 65%
House 3 · 2 · 6
Rental Income: $3,544 per month
5
295
Beautiful Downtown Royal Oak Townhouse
$114 per night Airbnb occupancy rate 56%
Townhouse 2 · 1 · 4
Rental Income: $1,938 per month
5
285
Country Chic Oasis w/bonfire pit for Fall nights!
$119 per night Airbnb occupancy rate 65%
House 2 · 1 · 5
Rental Income: $2,356 per month
5
283

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 $298,500 4% 2% $2,009 $1,400 34 72%
Wixom $459,900 4% 4% $2,712 $3,532 13 72%
Rockwood $287,000 5% 10% $1,891 $4,536 10 72%
Riverview $199,950 5% 6% $1,709 $2,549 10 69%
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%
Carleton $479,000 2% 2% $1,814 $2,272 11 65%
Canton $394,950 4% 5% $2,391 $3,529 108 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%
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 5% 4% $1,843 $2,695 112 51%
Mount Clemens $170,000 5% 7% $1,430 $2,577 25 50%
View all michigan cities

Vacation Rentals for Sale in michigan

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