Luther Investment Analysis
Investment Property in Luther, MI
Luther, MI Real Estate Investment Performance
$ 145,000
Median
1,286
Avg/Sq.ft.
6.00%
Traditional
N/A
Airbnb
10
Investment
26
Airbnb
N/A
Traditional
59%
Airbnb occupancy rate
Luther, MI Properties Rental Prices
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Investment Properties for Sale in Luther, MI
$140,000
MLS 1914326
Single Family Residential
CAP RATE
Trad.
11.12%
Airbnb
N/A
$90,000
MLS 23009474
Single Family Residential
CAP RATE
Trad.
9.45%
Airbnb
N/A
$150,000
MLS 1911623
Single Family Residential
CAP RATE
Trad.
8.93%
Airbnb
N/A
$129,900
MLS 22022633
Single Family Residential
CAP RATE
Trad.
6.90%
Airbnb
N/A
$99,000
MLS 1911030
Single Family Residential
CAP RATE
Trad.
6.90%
Airbnb
N/A
$109,900
MLS 1914447
Single Family Residential
CAP RATE
Trad.
6.38%
Airbnb
N/A
$165,000
MLS 23023040
Single Family Residential
CAP RATE
Trad.
3.31%
Airbnb
N/A
$699,000
MLS 1915052
Single Family Residential
CAP RATE
Trad.
2.74%
Airbnb
N/A
Single Family Houses for Sale in Luther, MI
$140,000
MLS 1914326
Single Family Residential
CAP RATE
Trad.
11.12%
Airbnb
N/A
$90,000
MLS 23009474
Single Family Residential
CAP RATE
Trad.
9.45%
Airbnb
N/A
$150,000
MLS 1911623
Single Family Residential
CAP RATE
Trad.
8.93%
Airbnb
N/A
$129,900
MLS 22022633
Single Family Residential
CAP RATE
Trad.
6.90%
Airbnb
N/A
$99,000
MLS 1911030
Single Family Residential
CAP RATE
Trad.
6.90%
Airbnb
N/A
$109,900
MLS 1914447
Single Family Residential
CAP RATE
Trad.
6.38%
Airbnb
N/A
$165,000
MLS 23023040
Single Family Residential
CAP RATE
Trad.
3.31%
Airbnb
N/A
$699,000
MLS 1915052
Single Family Residential
CAP RATE
Trad.
2.74%
Airbnb
N/A
Top Luther, MI Neighborhoods - Real Estate Market Analysis
Luther
$157,400
Median for city
5.96%
Traditional
9.69%
Airbnb
N/A
Traditional
$ 3,045
Airbnb
36%
Airbnb occupancy rate
Popular Blog Posts
Popular Airbnb Topics
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![%=topPerformingBlogs[i].title%>](https://images.mashvisor.com/40X40/C/https://www.mashvisor.com/blog/wp-content/uploads/2023/04/short-term-rental-llc-585x390.jpg)
Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Luther, MI
$116 per night
Airbnb occupancy rate 67%
Cabin 4 · 1 · 8
Rental Income: $2,390 per month
200
$162 per night
Airbnb occupancy rate 62%
House 4 · 2 · 10
Rental Income: $3,094 per month
133
$255 per night
Airbnb occupancy rate 78%
Cottage 4 · 2 · 8
Rental Income: $6,120 per month
130
$334 per night
Airbnb occupancy rate 59%
Cabin 4 · 2 · 14
Rental Income: $6,045 per month
108
$203 per night
Airbnb occupancy rate 65%
House 3 · 2 · 8
Rental Income: $4,019 per month
103
$311 per night
Airbnb occupancy rate 44%
Cottage 4 · 2 · 10
Rental Income: $4,167 per month
95
$108 per night
Airbnb occupancy rate 71%
Guesthouse 1 · 1 · 4
Rental Income: $2,344 per month
86
$96 per night
Airbnb occupancy rate 47%
Guesthouse 0 · 1 · 3
Rental Income: $1,392 per month
82
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 | |||
| Wixom | $449,000 | 4% | 5% | $2,631 | $3,784 | 13 | 75% |
| Walled Lake | $298,500 | 4% | 2% | $2,009 | $1,400 | 34 | 72% |
| Riverview | $199,950 | 5% | 6% | $1,709 | $2,549 | 10 | 69% |
| Holt | $269,900 | 5% | 5% | $1,886 | $2,523 | 17 | 68% |
| Wyandotte | $174,500 | 4% | 6% | $1,308 | $1,927 | 30 | 68% |
| Lincoln Park | $145,000 | 7% | 8% | $1,466 | $2,001 | 57 | 65% |
| Garden City | $194,850 | 5% | 6% | $1,537 | $2,190 | 38 | 65% |
| Milford | $574,900 | 3% | 6% | $2,798 | $4,775 | 39 | 64% |
| Highland | $504,500 | 3% | 7% | $2,505 | $4,775 | 32 | 62% |
| Haslett | $322,500 | 4% | 9% | $2,171 | $3,383 | 20 | 62% |
| Redford | $165,000 | 6% | 10% | $1,427 | $2,664 | 103 | 61% |
| Trenton | $195,000 | 6% | 8% | $1,725 | $3,321 | 26 | 60% |
| Lake Orion | $377,000 | 4% | 8% | $2,562 | $4,230 | 42 | 58% |
| Traverse City | $459,000 | 3% | 7% | $2,509 | $5,289 | 356 | 56% |
| Belmont | $410,000 | 4% | 2% | $2,390 | $2,429 | 13 | 54% |
| Mount Clemens | $170,000 | 5% | 7% | $1,436 | $2,577 | 25 | 50% |
| Grosse Ile | $399,000 | 3% | 8% | $2,284 | $2,645 | 11 | 49% |
| Garden | $289,700 | 3% | 9% | $1,617 | $3,083 | 10 | 43% |
Vacation Rentals for Sale in michigan
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