Honor Investment Analysis

Investment Property in Honor, MI

Honor, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 350,000

Median

1,670

Avg/Sq.ft.
CASH ON CASH RETURN

2.00%

Traditional

8.00%

Airbnb
NUMBER OF PROPERTIES

5

Investment

58

Airbnb

N/A

Traditional

49%

Airbnb occupancy rate

Honor, MI Properties Rental Prices

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Investment Properties for Sale in Honor, MI

Investment Properties for Sale
$325,000
MLS 23031527
Honor
Other
3 beds 2 baths 1,216 sq.ft.
CAP RATE Trad. 3.31% Airbnb 8.90%
Investment Properties for Sale
$325,000
MLS 1914926
Honor
Condo/Coop
3 beds 2 baths 1,216 sq.ft.
CAP RATE Trad. 3.08% Airbnb 8.61%
Investment Properties for Sale
$350,000
MLS 1914721
Honor
Single Family Residential
2 beds 2 baths 1,759 sq.ft.
CAP RATE Trad. 3.40% Airbnb 3.24%
Investment Properties for Sale
$745,000
MLS 1915527
Honor
Single Family Residential
3 beds 4 baths 2,996 sq.ft.
CAP RATE Trad. 1.62% Airbnb 2.51%

Top Honor, MI Neighborhoods - Real Estate Market Analysis

Honor
PROPERTY PRICE

$369,000

Median for city
CAP RATE

2.81%

Traditional

7.34%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 2,443

Airbnb

48%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Honor, MI

Lemon Drop Cottage
$83 per night Airbnb occupancy rate 45%
Cottage 2 · 1 · 4
Rental Income: $1,145 per month
5
235
Lakefront Cabin Near the Dunes
$154 per night Airbnb occupancy rate 76%
Cottage 2 · 1 · 4
Rental Income: $3,604 per month
5
173
Platte Valley Hollow, LLC
$113 per night Airbnb occupancy rate 69%
Loft 0 · 1 · 4
Rental Income: $2,396 per month
5
128
Secret getaway
$99 per night Airbnb occupancy rate 94%
Guesthouse 2 · 1 · 4
Rental Income: $2,841 per month
5
117
NW Michigan house w/ lake & woods
$200 per night Airbnb occupancy rate 39%
House 4 · 3 · 8
Rental Income: $2,400 per month
5
104
Platte Lake  Cottage
$268 per night Airbnb occupancy rate 58%
Cottage 3 · 2 · 8
Rental Income: $4,744 per month
5
96
La Lata (Tin Can)
$93 per night Airbnb occupancy rate 64%
Camper/RV 1 · 1 · 5
Rental Income: $1,808 per month
5
95
HC’s Cottage- c. 1896 Renovated Cottage
$211 per night Airbnb occupancy rate 55%
Cottage 2 · 1 · 10
Rental Income: $3,540 per month
5
95

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%
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 4% 4% $1,843 $2,695 115 51%
Mount Clemens $170,000 5% 7% $1,430 $2,577 25 50%
Grosse Ile $424,500 3% 8% $2,308 $2,645 14 49%
View all michigan cities

Vacation Rentals for Sale in michigan

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