Northport Investment Analysis

Investment Property in Northport, MI

Northport, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 614,000

Median

2,082

Avg/Sq.ft.
CASH ON CASH RETURN

1.00%

Traditional

4.00%

Airbnb
NUMBER OF PROPERTIES

11

Investment

47

Airbnb

N/A

Traditional

58%

Airbnb occupancy rate

Northport, MI Properties Rental Prices

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Investment Properties for Sale in Northport, MI

Investment Properties for Sale
$559,000
MLS 1915885
Northport
Single Family Residential
3 beds 2 baths 1,360 sq.ft.
CAP RATE Trad. 1.50% Airbnb 8.19%
Investment Properties for Sale
$445,000
MLS 1910556
Northport
Single Family Residential
4 beds 2 baths 2,055 sq.ft.
CAP RATE Trad. 2.84% Airbnb 7.56%
Investment Properties for Sale
$569,500
MLS 1914430
Northport
Single Family Residential
3 beds 2 baths 1,721 sq.ft.
CAP RATE Trad. 0.61% Airbnb 7.03%
Investment Properties for Sale
$614,000
MLS 23025393
Northport
Single Family Residential
2 beds 1 baths 1,280 sq.ft.
CAP RATE Trad. 0.72% Airbnb 5.00%
Investment Properties for Sale
$895,000
MLS 1910037
Northport
Single Family Residential
3 beds 3 baths 2,306 sq.ft.
CAP RATE Trad. 0.21% Airbnb 3.59%
Investment Properties for Sale
$695,000
MLS 1915475
Northport
Single Family Residential
4 beds 3 baths 2,370 sq.ft.
CAP RATE Trad. 0.82% Airbnb 3.27%
Investment Properties for Sale
$1,440,000
MLS 1915148
Northport
Single Family Residential
3 beds 1 baths 925 sq.ft.
CAP RATE Trad. -1.71% Airbnb 1.30%
Investment Properties for Sale
$2,695,000
MLS 471206
Northport
Single Family Residential
5 beds 5 baths 3,998 sq.ft.
CAP RATE Trad. -1.04% Airbnb -0.02

Single Family Houses for Sale in Northport, MI

Investment Properties for Sale
$559,000
MLS 1915885
Northport
Single Family Residential
3 beds 2 baths 1,360 sq.ft.
CAP RATE Trad. 1.50% Airbnb 8.19%
Investment Properties for Sale
$445,000
MLS 1910556
Northport
Single Family Residential
4 beds 2 baths 2,055 sq.ft.
CAP RATE Trad. 2.84% Airbnb 7.56%
Investment Properties for Sale
$569,500
MLS 1914430
Northport
Single Family Residential
3 beds 2 baths 1,721 sq.ft.
CAP RATE Trad. 0.61% Airbnb 7.03%
Investment Properties for Sale
$614,000
MLS 23025393
Northport
Single Family Residential
2 beds 1 baths 1,280 sq.ft.
CAP RATE Trad. 0.72% Airbnb 5.00%
Investment Properties for Sale
$895,000
MLS 1910037
Northport
Single Family Residential
3 beds 3 baths 2,306 sq.ft.
CAP RATE Trad. 0.21% Airbnb 3.59%
Investment Properties for Sale
$695,000
MLS 1915475
Northport
Single Family Residential
4 beds 3 baths 2,370 sq.ft.
CAP RATE Trad. 0.82% Airbnb 3.27%
Investment Properties for Sale
$1,440,000
MLS 1915148
Northport
Single Family Residential
3 beds 1 baths 925 sq.ft.
CAP RATE Trad. -1.71% Airbnb 1.30%
Investment Properties for Sale
$2,695,000
MLS 471206
Northport
Single Family Residential
5 beds 5 baths 3,998 sq.ft.
CAP RATE Trad. -1.04% Airbnb -0.02

Top Northport, MI Neighborhoods - Real Estate Market Analysis

Northport
PROPERTY PRICE

$467,000

Median for city
CAP RATE

N/A

Traditional

6.87%

Airbnb
RENTAL INCOME

N/A

Traditional

$ 4,266

Airbnb

53%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Northport, MI

LEELANAU COUNTY MODERN BARNHOUSE
$324 per night Airbnb occupancy rate 58%
House 3 · 1.5 · 6
Rental Income: $5,800 per month
5
215
The Granary Northport . Rustic Modern Seclusion
$267 per night Airbnb occupancy rate 71%
Cottage 2 · 1 · 3
Rental Income: $5,821 per month
5
215
Juniper Cottage on the Bay
$161 per night Airbnb occupancy rate 85%
Cottage 1 · 1 · 4
Rental Income: $4,202 per month
5
209
Westwind - Fall Color | Fireplace | In Town
$195 per night Airbnb occupancy rate 71%
Cottage 2 · 1 · 3
Rental Income: $4,232 per month
5
198
Lakefront Lodging - A Nature Lover's Delight!
$180 per night Airbnb occupancy rate 87%
Guest suite 0 · 1 · 3
Rental Income: $4,760 per month
5
151
Eagle Ranch, peaceful with an incredible night sky
$170 per night Airbnb occupancy rate 77%
Guesthouse 3 · 2 · 6
Rental Income: $4,012 per month
5
118
Lilliput Cottage on the Bay
$223 per night Airbnb occupancy rate 89%
Cottage 2 · 1 · 4
Rental Income: $6,043 per month
5
117
Cozy Beachfront Unit for Two!
$196 per night Airbnb occupancy rate 87%
Guest suite 1 · 1 · 2
Rental Income: $5,233 per month
5
106

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 $298,500 4% 2% $2,009 $1,400 34 72%
Wixom $459,900 4% 4% $2,712 $3,532 13 72%
Rockwood $287,000 5% 10% $1,891 $4,536 10 72%
Riverview $199,950 5% 6% $1,709 $2,549 10 69%
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 5% 4% $1,843 $2,695 112 51%
Mount Clemens $170,000 5% 7% $1,430 $2,577 25 50%
View all michigan cities

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