Investment Properties in Munising, MI | Munising Real Estate Investment Guide

Munising, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 429,000

Median

1,794

Avg/Sq.ft.

CASH ON CASH RETURN

4.00%

Traditional

2.00%

Airbnb

RENTAL INCOME

$ 1,858

Traditional

$ 3,782

Airbnb

RENTAL INCOME

$ 1,858

Traditional

$ 3,782

Airbnb

NUMBER OF PROPERTIES

5

Investment

74

Airbnb

1

Traditional

56%

Airbnb occupancy rate

Munising, MI Properties Rental Prices

RENTAL STRATEGY	1 ROOM	2 ROOMS	3 ROOMS	4 ROOMS
Airbnb	$ 1,476	$ 2,691	$ 3,782	$ 4,999
Traditional	N/A	N/A	N/A	N/A

Airbnb

1 ROOM	$ 1,476
2 ROOMS	$ 2,691
3 ROOMS	$ 3,782
4 ROOMS	$ 4,999

Traditional

1 ROOM	N/A
2 ROOMS	N/A
3 ROOMS	N/A
4 ROOMS	N/A

Predict Short-Term Rental Revenue

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Our Airbnb calculator is a free tool to calculate how much can you make on Airbnb.

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Top Munising, MI Neighborhoods - Real Estate Market Analysis

Munising

58%

58% Mashmeter

PROPERTY PRICE

$158,500

Median for city

CAP RATE

6.23%

Traditional

9.85%

Airbnb

RENTAL INCOME

$ 609

Traditional

$ 2,420

Airbnb

45%

Airbnb occupancy rate

Analyze neighborhood

Top Munising, MI Attractions and Activities

Activities
Attractions

Wagner Falls State Park

8.5

State or Provincial Park

Munising Falls

8.7

Waterfall
Wagner Falls State Park

8.5

State or Provincial Park
Sand Point Beach

8.7

Beach
Munising City Tourist Park

7.1

Campground
Fayette Historic Ghost Town

7.9

Historic and Protected Site
Pine Stump Junction

7.6

Bar

Best Short Term Rental Markets

Find great vacation rentals for sale in the top performing markets

Short Term Rentals For Sale

Airbnb Vacation Rentals in Munising, MI

$160 per night Airbnb occupancy rate 79%

House 3 · 1 · 6

Head in the Clouds @ Pictured Rocks / H58 Munising, MI, United States

Rental Income: $3,888 per month

607

Calculate Rental Income

$124 per night Airbnb occupancy rate 70%

Apartment 2 · 1 · 4

Getaway by the bay.. a cozy 2 BR downtown Munising Munising, MI, United States

Rental Income: $2,654 per month

403

Calculate Rental Income

$98 per night Airbnb occupancy rate 62%

Apartment 1 · 1 · 2

Getaway by the Bay....a cozy 1BR retreat in downtown Munising Munising, MI, United States

Rental Income: $1,852 per month

399

Calculate Rental Income

$196 per night Airbnb occupancy rate 72%

Cottage 2 · 1.5 · 6

Pictured Rocks Cottage Munising, MI, United States

Rental Income: $4,312 per month

356

Calculate Rental Income

$123 per night Airbnb occupancy rate 35%

Apartment 1 · 1 · 4

Downtown South Bay Apartment 1 Munising, MI, United States

Rental Income: $1,316 per month

314

Calculate Rental Income

$119 per night Airbnb occupancy rate 38%

Apartment 1 · 1 · 4

Downtown South Bay Apartment 2 Munising, MI, United States

Rental Income: $1,369 per month

309

Calculate Rental Income

$162 per night Airbnb occupancy rate 40%

Apartment 1 · 1 · 4

Central Location@ Walk to restaurants, bars & Lake Munising, MI, United States

Rental Income: $1,993 per month

293

Calculate Rental Income

$200 per night Airbnb occupancy rate 50%

House 5 · 1 · 11

Munising Getaway Munising, MI, United States

Rental Income: $3,080 per month

283

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
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%
Eaton Rapids	$259,950	6%	34%	$1,850	$7,649	26	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%
Clinton Township	$265,000	5%	4%	$1,845	$2,695	114	51%
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%	10%	$1,615	$3,370	10	47%