Mendon Investment Analysis

Investment Property in Mendon, MI

Mendon, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 299,900

Median

2,174

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

10.00%

Airbnb
NUMBER OF PROPERTIES

5

Investment

14

Airbnb

N/A

Traditional

47%

Airbnb occupancy rate

Mendon, MI Properties Rental Prices

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Airbnb Vacation Rentals in Mendon, MI

Lakefront cottage☀️Amazing views
$134 per night Airbnb occupancy rate 69%
Cottage 2 · 1 · 6
Rental Income: $2,814 per month
5
160
The Farm Vista
$102 per night Airbnb occupancy rate 88%
Apartment 2 · 1 · 6
Rental Income: $2,746 per month
5
120
"Lake Life!" (Sturgis Camper on Perrin Lake)
$72 per night Airbnb occupancy rate 87%
Camper/RV 1 · 1 · 4
Rental Income: $1,920 per month
5
111
Lakeaway Cottage - Make memories on the lake!
$379 per night Airbnb occupancy rate 95%
House 4 · 2 · 10
Rental Income: $11,023 per month
5
54
Cottages on Sand Lake - *Jacuzzi* - The Farm House
$148 per night Airbnb occupancy rate 85%
House 3 · 3 · 10
Rental Income: $3,836 per month
5
43
The Escape on Long Lake - 4 bedroom log cabin
$281 per night Airbnb occupancy rate 83%
Cabin 4 · 3 · 10
Rental Income: $7,142 per month
5
38
Lake Cabin,500 acre all sports lake on Snug Harbor
$186 per night Airbnb occupancy rate 39%
Cabin 2 · 1 · 7
Rental Income: $2,186 per month
5
27
Long Lake Retreat
$121 per night Airbnb occupancy rate 42%
House 2 · 1.5 · 6
Rental Income: $1,562 per month
5
17

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 $299,900 5% 7% $1,915 $2,929 13 73%
Wixom $474,950 4% 6% $2,707 $4,022 28 69%
Walled Lake $399,900 4% 6% $2,512 $3,569 73 67%
Riverview $189,900 6% 10% $1,856 $2,963 15 67%
Newport $359,000 5% 4% $2,419 $2,628 25 66%
Wyandotte $199,950 4% 6% $1,432 $2,025 40 65%
Farmington $260,000 4% 6% $1,494 $2,952 18 63%
Milford $525,000 4% 5% $3,253 $4,079 49 62%
Trenton $230,000 5% 8% $1,814 $2,285 19 62%
Lincoln Park $150,950 7% 9% $1,368 $2,298 54 61%
Highland $512,450 4% 8% $2,527 $4,079 28 58%
Okemos $429,000 3% 3% $2,272 $3,130 35 58%
Haslett $359,900 3% 7% $1,895 $3,334 19 56%
Canton $422,500 4% 3% $2,621 $3,422 112 56%
Garden City $200,000 5% 5% $1,643 $1,830 39 55%
Clinton Township $265,000 4% 5% $1,946 $2,556 111 53%
Mount Clemens $214,900 5% 7% $1,528 $2,718 17 52%
Traverse City $447,500 3% 5% $2,337 $4,221 339 49%
Lake Orion $399,900 4% 5% $2,316 $3,360 45 49%
Redford $216,950 4% 5% $1,783 $2,496 240 48%
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Vacation Rentals for Sale in michigan

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