Montague Investment Analysis

Investment Property in Montague, MI

Montague, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 837,400

Median

3,016

Avg/Sq.ft.
CASH ON CASH RETURN

2.00%

Traditional

3.00%

Airbnb
NUMBER OF PROPERTIES

12

Investment

38

Airbnb

N/A

Traditional

52%

Airbnb occupancy rate

Montague, MI Properties Rental Prices

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Investment Properties for Sale in Montague, MI

Investment Properties for Sale
$420,000
MLS 23021027
Montague
Single Family Residential
3 beds 2 baths 2,728 sq.ft.
CAP RATE Trad. 2.19% Airbnb 7.94%
Investment Properties for Sale
$459,900
MLS 23023095
Montague
Single Family Residential
3 beds 3 baths 1,800 sq.ft.
CAP RATE Trad. 3.48% Airbnb 7.85%
Investment Properties for Sale
$874,900
MLS 23029431
Montague
Single Family Residential
5 beds 3 baths 3,690 sq.ft.
CAP RATE Trad. 2.01% Airbnb 4.44%
Investment Properties for Sale
$1,100,000
MLS 23134637
Montague
Single Family Residential
3 beds 4 baths 3,001 sq.ft.
CAP RATE Trad. 1.20% Airbnb 2.36%
Investment Properties for Sale
$1,100,000
MLS 23032909
Montague
Single Family Residential
3 beds 2 baths 2,126 sq.ft.
CAP RATE Trad. -0.45% Airbnb 1.83%
Investment Properties for Sale
$1,199,000
MLS 23028986
Montague
Single Family Residential
4 beds 4 baths 2,766 sq.ft.
CAP RATE Trad. 1.14% Airbnb 1.68%
Investment Properties for Sale
$2,050,000
MLS 23010921
Montague
Single Family Residential
5 beds 2 baths 4,284 sq.ft.
CAP RATE Trad. -0.66% Airbnb 0.77%
Investment Properties for Sale
$799,900
MLS 23134949
Montague
Single Family Residential
2 beds 2 baths 1,291 sq.ft.
CAP RATE Trad. -0.59% Airbnb -0.21

Single Family Houses for Sale in Montague, MI

Investment Properties for Sale
$420,000
MLS 23021027
Montague
Single Family Residential
3 beds 2 baths 2,728 sq.ft.
CAP RATE Trad. 2.19% Airbnb 7.94%
Investment Properties for Sale
$459,900
MLS 23023095
Montague
Single Family Residential
3 beds 3 baths 1,800 sq.ft.
CAP RATE Trad. 3.48% Airbnb 7.85%
Investment Properties for Sale
$874,900
MLS 23029431
Montague
Single Family Residential
5 beds 3 baths 3,690 sq.ft.
CAP RATE Trad. 2.01% Airbnb 4.44%
Investment Properties for Sale
$1,100,000
MLS 23134637
Montague
Single Family Residential
3 beds 4 baths 3,001 sq.ft.
CAP RATE Trad. 1.20% Airbnb 2.36%
Investment Properties for Sale
$1,100,000
MLS 23032909
Montague
Single Family Residential
3 beds 2 baths 2,126 sq.ft.
CAP RATE Trad. -0.45% Airbnb 1.83%
Investment Properties for Sale
$1,199,000
MLS 23028986
Montague
Single Family Residential
4 beds 4 baths 2,766 sq.ft.
CAP RATE Trad. 1.14% Airbnb 1.68%
Investment Properties for Sale
$2,050,000
MLS 23010921
Montague
Single Family Residential
5 beds 2 baths 4,284 sq.ft.
CAP RATE Trad. -0.66% Airbnb 0.77%
Investment Properties for Sale
$799,900
MLS 23134949
Montague
Single Family Residential
2 beds 2 baths 1,291 sq.ft.
CAP RATE Trad. -0.59% Airbnb -0.21

Top Montague, MI Neighborhoods - Real Estate Market Analysis

Montague
PROPERTY PRICE

$206,950

Median for city
CAP RATE

2.97%

Traditional

8.16%

Airbnb
RENTAL INCOME

$ 935

Traditional

$ 3,358

Airbnb

53%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Montague, MI

Lakeshore Dune #9. Wi-fi
$176 per night Airbnb occupancy rate 45%
House 0 · 1 · 2
Rental Income: $2,429 per month
5
137
Flower Creek  Guest House Close to Lake Michigan
$130 per night Airbnb occupancy rate 53%
House 4 · 2 · 13
Rental Income: $2,119 per month
5
131
Old Channel Cottage
$143 per night Airbnb occupancy rate 59%
House 2 · 1.5 · 7
Rental Income: $2,603 per month
5
124
LAKE  MICHIGAN BEACHFRONT!
$165 per night Airbnb occupancy rate 60%
House 3 · 1 · 8
Rental Income: $3,043 per month
5
118
Lake Michigan Beachfront — Spectacular Views
$491 per night Airbnb occupancy rate 31%
Cottage 3 · 2 · 6
Rental Income: $4,665 per month
5
109
Old Channel Trail Cottage
$127 per night Airbnb occupancy rate 75%
House 2 · 2 · 4
Rental Income: $2,896 per month
5
109
Cozy cottage near Meinert Park and Lake Michigan
$210 per night Airbnb occupancy rate 32%
House 2 · 2 · 6
Rental Income: $2,058 per month
5
107
Wood View Cabin near Lake Michigan
$188 per night Airbnb occupancy rate 68%
House 3 · 2 · 8
Rental Income: $3,929 per month
5
91

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%
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%
Grosse Ile $424,500 3% 8% $2,308 $2,645 14 49%
View all michigan cities

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