Lake George Investment Analysis

Investment Property in Lake George, MI

Lake George, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 149,900

Median

1,615

Avg/Sq.ft.
CASH ON CASH RETURN

8.00%

Traditional

9.00%

Airbnb
NUMBER OF PROPERTIES

3

Investment

25

Airbnb

N/A

Traditional

48%

Airbnb occupancy rate

Lake George, MI Properties Rental Prices

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Airbnb Vacation Rentals in Lake George, MI

Candy Apple Cottage
$170 per night Airbnb occupancy rate 50%
Cottage 3 · 2 · 6
Rental Income: $2,607 per month
5
171
Crazy Loon Lakefront Cottage - Lake George
$217 per night Airbnb occupancy rate 45%
Cottage 2 · 2 · 10
Rental Income: $2,948 per month
5
152
Owl & Anchor Cottage Inn - Lake Front Retreat!
$378 per night Airbnb occupancy rate 48%
Cottage 5 · 2 · 12
Rental Income: $5,576 per month
5
126
Hilltop Red Roof Lakeview /Bunkhouse/Pet Friendly
$154 per night Airbnb occupancy rate 48%
Cottage 2 · 1 · 6
Rental Income: $2,233 per month
5
92
Farwell’s Private Resort in the Woods
$163 per night Airbnb occupancy rate 50%
Cottage 3 · 1 · 8
Rental Income: $2,499 per month
5
72
Windover Lake Cottage Great Ice Fishing!
$259 per night Airbnb occupancy rate 43%
Cottage 3 · 2 · 10
Rental Income: $3,389 per month
5
47
Serenity Cottage
$84 per night Airbnb occupancy rate 55%
Cabin 1 · 1 · 4
Rental Income: $1,414 per month
5
38
Cheerful Silver Lake Cottage with Bunk House
$76 per night Airbnb occupancy rate 78%
Cabin 2 · 1 · 5
Rental Income: $1,818 per month
5
34

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 $280,000 4% 7% $1,779 $2,972 15 73%
Walled Lake $289,900 3% 6% $1,988 $3,226 15 69%
Wixom $424,900 4% 5% $2,652 $3,960 27 69%
Riverview $189,900 6% 9% $1,943 $3,012 13 68%
Farmington $287,500 3% 5% $1,549 $2,862 14 67%
Wyandotte $200,000 4% 5% $1,506 $1,961 28 66%
Newport $309,900 5% 5% $2,414 $2,726 15 66%
Trenton $230,000 4% 10% $1,519 $3,683 21 65%
Lincoln Park $155,000 7% 8% $1,413 $2,186 53 64%
Canton $417,450 3% 4% $2,594 $3,833 82 63%
Huntington Woods $447,450 2% 3% $1,996 $2,945 10 60%
Haslett $457,450 3% 5% $2,305 $3,493 16 60%
Okemos $432,450 3% 4% $2,336 $3,110 30 60%
Milford $567,450 4% 4% $3,099 $4,249 38 59%
Highland $339,800 3% 8% $2,109 $4,249 17 58%
Garden City $207,500 6% 5% $1,514 $2,011 22 58%
Clinton Township $274,900 4% 5% $1,866 $2,719 105 56%
Mount Clemens $205,000 5% 7% $1,440 $2,498 19 55%
Traverse City $459,000 3% 6% $2,419 $4,408 309 51%
Redford $219,900 5% 5% $1,632 $2,413 249 51%
View all michigan cities

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