Lake City Investment Analysis
Investment Property in Lake City, MI
Lake City, MI Real Estate Investment Performance
$ 314,900
Median
1,855
Avg/Sq.ft.
4.00%
Traditional
4.00%
Airbnb
26
Investment
36
Airbnb
N/A
Traditional
40%
Airbnb occupancy rate
Lake City, MI Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Lake City, MI
$125,000
MLS 1908742
Single Family Residential
CAP RATE
Trad.
5.74%
Airbnb
8.71%
$138,900
MLS 1913015
Single Family Residential
CAP RATE
Trad.
6.70%
Airbnb
8.25%
$165,000
MLS 1914433
Single Family Residential
CAP RATE
Trad.
9.60%
Airbnb
7.94%
$162,000
MLS 1912022
Single Family Residential
CAP RATE
Trad.
4.97%
Airbnb
7.47%
$155,500
MLS 1914521
Single Family Residential
CAP RATE
Trad.
4.31%
Airbnb
7.11%
$450,000
MLS 50111671
Single Family Residential
CAP RATE
Trad.
1.26%
Airbnb
5.34%
$499,900
MLS 1914114
Single Family Residential
CAP RATE
Trad.
4.68%
Airbnb
5.17%
$215,000
MLS 1914535
Single Family Residential
CAP RATE
Trad.
6.91%
Airbnb
4.59%
Single Family Houses for Sale in Lake City, MI
$125,000
MLS 1908742
Single Family Residential
CAP RATE
Trad.
5.74%
Airbnb
8.71%
$138,900
MLS 1913015
Single Family Residential
CAP RATE
Trad.
6.70%
Airbnb
8.25%
$165,000
MLS 1914433
Single Family Residential
CAP RATE
Trad.
9.60%
Airbnb
7.94%
$162,000
MLS 1912022
Single Family Residential
CAP RATE
Trad.
4.97%
Airbnb
7.47%
$155,500
MLS 1914521
Single Family Residential
CAP RATE
Trad.
4.31%
Airbnb
7.11%
$450,000
MLS 50111671
Single Family Residential
CAP RATE
Trad.
1.26%
Airbnb
5.34%
$499,900
MLS 1914114
Single Family Residential
CAP RATE
Trad.
4.68%
Airbnb
5.17%
$215,000
MLS 1914535
Single Family Residential
CAP RATE
Trad.
6.91%
Airbnb
4.59%
Top Lake City, MI Neighborhoods - Real Estate Market Analysis
Lake City
$349,900
Median for city
9.98%
Traditional
3.98%
Airbnb
N/A
Traditional
$ 1,554
Airbnb
38%
Airbnb occupancy rate
Popular Blog Posts
Popular Airbnb Topics
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Lake City, MI
$120 per night
Airbnb occupancy rate 36%
Cabin 2 · 1 · 4
Rental Income: $1,320 per month
137
$143 per night
Airbnb occupancy rate 82%
Cottage 2 · 1.5 · 6
Rental Income: $3,604 per month
133
$227 per night
Airbnb occupancy rate 48%
Condominium 4 · 2.5 · 12
Rental Income: $3,337 per month
122
$134 per night
Airbnb occupancy rate 42%
Apartment 2 · 1.5 · 8
Rental Income: $1,715 per month
90
$110 per night
Airbnb occupancy rate 78%
House 2 · 1.5 · 7
Rental Income: $2,629 per month
69
$270 per night
Airbnb occupancy rate 45%
Cottage 4 · 1.5 · 9
Rental Income: $3,753 per month
61
$122 per night
Airbnb occupancy rate 48%
Serviced apartment 2 · 1 · 5
Rental Income: $1,793 per month
53
$120 per night
Airbnb occupancy rate 21%
House 2 · 1 · 4
Rental Income: $756 per month
52
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% |
| 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 | 4% | 4% | $1,843 | $2,695 | 115 | 51% |
| Mount Clemens | $170,000 | 5% | 7% | $1,430 | $2,577 | 25 | 50% |
Vacation Rentals for Sale in michigan
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