Homer Investment Analysis

Investment Property in Homer, MI

Homer, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 132,500

Median

1,867

Avg/Sq.ft.
CASH ON CASH RETURN

12.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

5

Investment

N/A

Airbnb

N/A

Traditional

N/A

Airbnb occupancy rate

Homer, MI Properties Rental Prices

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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
Holt $307,000 5% 7% $2,077 $3,037 15 73%
Wixom $474,950 4% 6% $2,671 $4,135 30 71%
Trenton $229,000 5% 10% $1,782 $3,752 21 70%
Riverview $189,900 6% 12% $1,953 $3,037 15 68%
Walled Lake $295,000 4% 6% $2,004 $3,511 21 67%
Fowlerville $325,000 5% 15% $2,280 $4,833 13 66%
Grosse Ile $494,500 3% 15% $2,595 $3,847 20 65%
Wyandotte $199,950 4% 5% $1,460 $2,025 42 64%
Lincoln Park $149,900 7% 10% $1,353 $2,436 55 63%
Farmington $260,000 4% 6% $1,517 $3,193 16 63%
Milford $525,000 4% 5% $3,258 $4,135 51 63%
Haslett $329,950 4% 7% $1,878 $3,401 20 59%
Okemos $426,950 3% 3% $2,288 $2,992 32 59%
Canton $420,000 4% 4% $2,603 $3,481 117 59%
Highland $599,900 3% 9% $2,857 $4,135 29 58%
Clinton Township $262,500 4% 5% $1,946 $2,556 110 58%
Garden City $200,000 5% 5% $1,643 $2,039 41 57%
Mount Clemens $214,900 5% 8% $1,528 $2,772 17 54%
Lake Orion $399,900 4% 6% $2,316 $3,422 47 54%
Redford $219,900 5% 6% $1,661 $2,294 240 53%
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