Houghton Investment Analysis

Investment Property in Houghton, MI

Houghton, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 190,000

Median

1,593

Avg/Sq.ft.
CASH ON CASH RETURN

8.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

3

Investment

N/A

Airbnb

1

Traditional

N/A

Airbnb occupancy rate

Houghton, MI Properties Rental Prices

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Top Houghton, MI Neighborhoods - Real Estate Market Analysis

Houghton
PROPERTY PRICE

$375,000

Median for city
CAP RATE

-0.22%

Traditional

6.31%

Airbnb
RENTAL INCOME

$ 1,475

Traditional

$ 2,412

Airbnb

53%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Houghton, MI

Keweenaw, Houghton/Hancock/MTU/Trails/Sauna
$149 per night Airbnb occupancy rate 55%
House 3 · 2 · 7
Rental Income: $2,488 per month
5
340
Waterfront in Houghton
$159 per night Airbnb occupancy rate 87%
House 4 · 2 · 8
Rental Income: $4,229 per month
5
232
Cabin #2 [2 Miles from MTU]
$124 per night Airbnb occupancy rate 65%
Cabin 2 · 1 · 4
Rental Income: $2,480 per month
5
181
Cabin #3 [2 Miles from MTU]
$130 per night Airbnb occupancy rate 61%
Cabin 2 · 1 · 4
Rental Income: $2,441 per month
5
163
Portage Lake Paradise
$237 per night Airbnb occupancy rate 66%
Guest suite 1 · 1 · 3
Rental Income: $4,787 per month
5
160
Lodge Home on Tech Trails
$285 per night Airbnb occupancy rate 69%
House 5 · 3.5 · 10
Rental Income: $5,985 per month
5
160
Quincy View Suite
$136 per night Airbnb occupancy rate 21%
Apartment 2 · 1 · 4
Rental Income: $857 per month
5
153
Cabin 1 [2 Miles to MTU]
$135 per night Airbnb occupancy rate 55%
Cabin 2 · 1 · 4
Rental Income: $2,282 per month
5
131

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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