Livonia Investment Analysis

Investment Property in Livonia, MI

Home Investment Performance Rent Prices Top Properties Attractions Insights

Livonia, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 312,500

Median

1,670

Avg/Sq.ft.

CASH ON CASH RETURN

5.00%

Traditional

5.00%

Airbnb

RENTAL INCOME

$ 2,089

Traditional

$ 2,870

Airbnb

RENTAL INCOME

$ 2,089

Traditional

$ 2,870

Airbnb

NUMBER OF PROPERTIES

136

Investment

105

Airbnb

84

Traditional

68%

Airbnb occupancy rate

Livonia, MI Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,774	$ 2,492	$ 3,070	$ 3,642
Traditional	$ 1,127	$ 1,486	$ 2,088	$ 2,251

Airbnb

1 ROOM	$ 1,774
2 ROOMS	$ 2,492
3 ROOMS	$ 3,070
4 ROOMS	$ 3,642

Traditional

1 ROOM	$ 1,127
2 ROOMS	$ 1,486
3 ROOMS	$ 2,088
4 ROOMS	$ 2,251

Predict Short-Term Rental Revenue

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Investment Properties for Sale in Livonia, MI

$360,000

MLS 20240029498

14249 RAMBLEWOOD Street, Livonia, MI 48154

SMB Estates

Single Family Residential

4 beds 2 baths 1,830 sq.ft.

CAP RATE Trad. 5.29% Airbnb 8.63%

Analyze Property

$259,000

MLS 24017121

36850 Angeline Circle, Livonia, MI 48150

SMB Estates

Single Family Residential

3 beds 2 baths 1,007 sq.ft.

CAP RATE Trad. 5.25% Airbnb 8.14%

Analyze Property

$229,900

MLS 24017060

31620 5 Mile Road, Livonia, MI 48154

Coventry Gardens

Single Family Residential

3 beds 2 baths 1,449 sq.ft.

CAP RATE Trad. 6.46% Airbnb 7.85%

Analyze Property

$269,900

MLS 24021208

33632 Michele Street, Livonia, MI 48150

SMB Estates

Single Family Residential

3 beds 2 baths 1,806 sq.ft.

CAP RATE Trad. 6.44% Airbnb 7.59%

Analyze Property

$275,000

MLS 24019022

9293 Knolson Street, Livonia, MI 48150

SMB Estates

Single Family Residential

3 beds 1 baths 1,806 sq.ft.

CAP RATE Trad. 3.89% Airbnb 7.48%

Analyze Property

$245,900

MLS 20240022586

18190 FLORAL Street, Livonia, MI 48152

Coventry Gardens

Single Family Residential

3 beds 2 baths 1,565 sq.ft.

CAP RATE Trad. 5.98% Airbnb 7.45%

Analyze Property

$149,900

MLS 20240024683

15655 INKSTER Road, Livonia, MI 48154

Clements Circle

Single Family Residential

3 beds 1 baths 808 sq.ft.

CAP RATE Trad. 7.56% Airbnb 7.26%

Analyze Property

$459,000

MLS 20240018511

11878 Hines Place Drive, Livonia, MI 48150

SMB Estates

Single Family Residential

4 beds 3 baths 1,900 sq.ft.

CAP RATE Trad. 5.74% Airbnb 7.05%

Analyze Property

Single Family Houses for Sale in Livonia, MI

$360,000

MLS 20240029498

14249 RAMBLEWOOD Street, Livonia, MI 48154

SMB Estates

Single Family Residential

4 beds 2 baths 1,830 sq.ft.

CAP RATE Trad. 5.29% Airbnb 8.63%

Analyze Property

$259,000

MLS 24017121

36850 Angeline Circle, Livonia, MI 48150

SMB Estates

Single Family Residential

3 beds 2 baths 1,007 sq.ft.

CAP RATE Trad. 5.25% Airbnb 8.14%

Analyze Property

$229,900

MLS 24017060

31620 5 Mile Road, Livonia, MI 48154

Coventry Gardens

Single Family Residential

3 beds 2 baths 1,449 sq.ft.

CAP RATE Trad. 6.46% Airbnb 7.85%

Analyze Property

$269,900

MLS 24021208

33632 Michele Street, Livonia, MI 48150

SMB Estates

Single Family Residential

3 beds 2 baths 1,806 sq.ft.

CAP RATE Trad. 6.44% Airbnb 7.59%

Analyze Property

$275,000

MLS 24019022

9293 Knolson Street, Livonia, MI 48150

SMB Estates

Single Family Residential

3 beds 1 baths 1,806 sq.ft.

CAP RATE Trad. 3.89% Airbnb 7.48%

Analyze Property

$245,900

MLS 20240022586

18190 FLORAL Street, Livonia, MI 48152

Coventry Gardens

Single Family Residential

3 beds 2 baths 1,565 sq.ft.

CAP RATE Trad. 5.98% Airbnb 7.45%

Analyze Property

$149,900

MLS 20240024683

15655 INKSTER Road, Livonia, MI 48154

Clements Circle

Single Family Residential

3 beds 1 baths 808 sq.ft.

CAP RATE Trad. 7.56% Airbnb 7.26%

Analyze Property

$459,000

MLS 20240018511

11878 Hines Place Drive, Livonia, MI 48150

SMB Estates

Single Family Residential

4 beds 3 baths 1,900 sq.ft.

CAP RATE Trad. 5.74% Airbnb 7.05%

Analyze Property

Condos for Sale in Livonia, MI

$199,900

MLS 24007185

18067 University Park Drive, Livonia, MI 48152

Woodbury Park

Condo/Coop

2 beds 2 baths 1,341 sq.ft.

CAP RATE Trad. 5.65% Airbnb 6.88%

Analyze Property

$119,900

MLS 20240028888

11218 MIDDLEBELT Road, Livonia, MI 48150

Clements Circle

Condo/Coop

2 beds 1 baths 874 sq.ft.

CAP RATE Trad. 6.33% Airbnb 6.82%

Analyze Property

$190,000

MLS 20240021856

17869 UNIVERSITY PARK Drive #10, Livonia, MI 48152

Woodbury Park

Condo/Coop

2 beds 2 baths 1,341 sq.ft.

CAP RATE Trad. 4.81% Airbnb 6.15%

Analyze Property

$199,000

MLS 24020106

17991 University Park Drive #75, Livonia, MI 48152

Woodbury Park

Condo/Coop

2 beds 2 baths 1,423 sq.ft.

CAP RATE Trad. 5.10% Airbnb 6.08%

Analyze Property

$219,900

MLS 20240027881

18213 UNIVERSITY PARK Drive, Livonia, MI 48152

Woodbury Park

Condo/Coop

2 beds 2 baths 1,450 sq.ft.

CAP RATE Trad. 4.64% Airbnb 5.40%

Analyze Property

$185,000

MLS 20240018295

18292 UNIVERSITY PARK, Livonia, MI 48152

Woodbury Park

Condo/Coop

1 beds 1 baths 1,280 sq.ft.

CAP RATE Trad. 2.92% Airbnb 5.22%

Analyze Property

$520,000

MLS 24021372

9337 Liberty Court, Livonia, MI 48150

SMB Estates

Condo/Coop

4 beds 3 baths 2,720 sq.ft.

CAP RATE Trad. 4.49% Airbnb 4.94%

Analyze Property

$295,000

MLS 20240024826

30276 VASSAR Street, Livonia, MI 48152

Coventry Gardens

Condo/Coop

3 beds 2 baths 1,358 sq.ft.

CAP RATE Trad. 3.24% Airbnb 4.95%

Analyze Property

Airbnb Vacation Rentals in Livonia, MI

$110 per night Airbnb occupancy rate 70%

House 2 · 1 · 5

Metro Detroit area - Greener house Livonia, MI, United States

Rental Income: $2,338 per month

306

Calculate Rental Income

$193 per night Airbnb occupancy rate 83%

House 5 · 3 · 8

Spacious House Redford / Detroit. Family friendly. Redford Charter Township, MI, United States

Rental Income: $4,889 per month

257

Calculate Rental Income

$77 per night Airbnb occupancy rate 98%

House 2 · 1 · 4

Cozy Neighborhood Retreat Farmington Hills, MI, United States

Rental Income: $2,310 per month

169

Calculate Rental Income

$89 per night Airbnb occupancy rate 70%

Apartment 1 · 1 · 2

Beautiful 1BR Apart/Hotel with Free Parking! Farmington Hills, MI, United States

Rental Income: $1,906 per month

128

Calculate Rental Income

$97 per night Airbnb occupancy rate 67%

House 2 · 1 · 4

The Green House Dearborn Heights, MI, United States

Rental Income: $1,989 per month

109

Calculate Rental Income

$93 per night Airbnb occupancy rate 72%

House 2 · 1 · 4

Cozy 2 bedroom ranch Dearborn Heights, MI, United States

Rental Income: $2,046 per month

101

Calculate Rental Income

$214 per night Airbnb occupancy rate 72%

House 3 · 1.5 · 6

Plymouth 3Bd/1.5Bth Home Close to Detroit & A2 Plymouth, MI, United States

Rental Income: $4,726 per month

101

Calculate Rental Income

$91 per night Airbnb occupancy rate 76%

Apartment 1 · 1 · 2

Charming & Luxury 1BDHotel/Apart Farmington Hills, MI, United States

Rental Income: $2,101 per month

Calculate Rental Income

Real Estate Investment Analysis - Other Cities in michigan

City Name	Property price	Cash on cash return		Rental Income		No. of Properties	Airbnb Occupancy Rate
City Name	Median	traditional	Airbnb	traditional	Airbnb	No. of Properties	Airbnb Occupancy Rate
Holt	$309,900	5%	6%	$2,077	$2,294	13	73%
Wixom	$350,000	4%	7%	$2,494	$4,099	27	69%
Walled Lake	$300,000	4%	7%	$2,004	$3,952	21	67%
Trenton	$242,500	5%	9%	$1,790	$3,750	24	67%
Riverview	$189,900	6%	11%	$1,843	$3,339	17	67%
Fowlerville	$300,000	4%	14%	$2,264	$4,833	15	66%
Farmington	$280,000	4%	6%	$1,542	$3,440	19	64%
Wyandotte	$194,500	5%	5%	$1,430	$1,866	41	64%
Lincoln Park	$145,900	8%	9%	$1,368	$2,215	56	60%
Highland	$444,900	4%	4%	$2,312	$3,986	38	59%
Milford	$549,900	4%	5%	$3,353	$3,986	53	59%
Haslett	$394,450	4%	6%	$2,158	$3,289	20	59%
Okemos	$439,900	3%	3%	$2,272	$3,210	29	58%
Mount Clemens	$196,250	6%	8%	$1,652	$2,732	20	56%
Clinton Township	$262,500	5%	5%	$1,946	$2,496	121	56%
Canton	$414,950	4%	3%	$2,603	$2,993	122	56%
Garden City	$200,000	5%	5%	$1,636	$1,941	42	53%
Lake Orion	$399,900	4%	4%	$2,368	$3,133	53	52%
Grosse Ile	$494,500	3%	3%	$2,655	$3,474	20	52%
Traverse City	$459,000	3%	6%	$2,347	$4,939	364	50%