Norton Shores Investment Analysis

Investment Property in Norton Shores, MI

Norton Shores, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 339,900

Median

1,874

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

7.00%

Airbnb
NUMBER OF PROPERTIES

31

Investment

39

Airbnb

1

Traditional

51%

Airbnb occupancy rate

Norton Shores, MI Properties Rental Prices

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Investment Properties for Sale in Norton Shores, MI

Investment Properties for Sale
$350,000
MLS 23026933
Norton Shores
Single Family Residential
5 beds 3 baths 3,000 sq.ft.
CAP RATE Trad. 5.29% Airbnb 9.05%
Investment Properties for Sale
$219,900
MLS 23134393
Norton Shores
Single Family Residential
3 beds 1 baths 1,992 sq.ft.
CAP RATE Trad. 3.99% Airbnb 8.83%
Investment Properties for Sale
$399,900
MLS 23133120
Norton Shores
Single Family Residential
4 beds 3 baths 2,492 sq.ft.
CAP RATE Trad. 3.90% Airbnb 8.24%
Investment Properties for Sale
$249,900
MLS 23134045
Norton Shores
Single Family Residential
3 beds 2 baths 1,510 sq.ft.
CAP RATE Trad. 5.23% Airbnb 7.75%
Investment Properties for Sale
$249,900
MLS 23134589
Norton Shores
Single Family Residential
3 beds 1 baths 1,986 sq.ft.
CAP RATE Trad. 3.68% Airbnb 7.54%
Investment Properties for Sale
$469,900
MLS 23030428
Norton Shores
Single Family Residential
4 beds 3 baths 1,935 sq.ft.
CAP RATE Trad. 3.52% Airbnb 7.27%
Investment Properties for Sale
$255,900
MLS 23133830
Norton Shores
Condo/Coop
3 beds 3 baths 2,078 sq.ft.
CAP RATE Trad. 6.79% Airbnb 7.21%
Investment Properties for Sale
$259,900
MLS 23134207
Norton Shores
Condo/Coop
3 beds 3 baths 1,676 sq.ft.
CAP RATE Trad. 6.47% Airbnb 6.97%

Single Family Houses for Sale in Norton Shores, MI

Investment Properties for Sale
$350,000
MLS 23026933
Norton Shores
Single Family Residential
5 beds 3 baths 3,000 sq.ft.
CAP RATE Trad. 5.29% Airbnb 9.05%
Investment Properties for Sale
$219,900
MLS 23134393
Norton Shores
Single Family Residential
3 beds 1 baths 1,992 sq.ft.
CAP RATE Trad. 3.99% Airbnb 8.83%
Investment Properties for Sale
$399,900
MLS 23133120
Norton Shores
Single Family Residential
4 beds 3 baths 2,492 sq.ft.
CAP RATE Trad. 3.90% Airbnb 8.24%
Investment Properties for Sale
$249,900
MLS 23134045
Norton Shores
Single Family Residential
3 beds 2 baths 1,510 sq.ft.
CAP RATE Trad. 5.23% Airbnb 7.75%
Investment Properties for Sale
$249,900
MLS 23134589
Norton Shores
Single Family Residential
3 beds 1 baths 1,986 sq.ft.
CAP RATE Trad. 3.68% Airbnb 7.54%
Investment Properties for Sale
$469,900
MLS 23030428
Norton Shores
Single Family Residential
4 beds 3 baths 1,935 sq.ft.
CAP RATE Trad. 3.52% Airbnb 7.27%
Investment Properties for Sale
$339,900
MLS 23019383
Norton Shores
Single Family Residential
3 beds 3 baths 1,300 sq.ft.
CAP RATE Trad. 5.99% Airbnb 5.81%
Investment Properties for Sale
$342,900
MLS 23019397
Norton Shores
Single Family Residential
3 beds 3 baths 1,300 sq.ft.
CAP RATE Trad. 5.93% Airbnb 5.75%

Condos for Sale in Norton Shores, MI

Investment Properties for Sale
$255,900
MLS 23133830
Norton Shores
Condo/Coop
3 beds 3 baths 2,078 sq.ft.
CAP RATE Trad. 6.79% Airbnb 7.21%
Investment Properties for Sale
$259,900
MLS 23134207
Norton Shores
Condo/Coop
3 beds 3 baths 1,676 sq.ft.
CAP RATE Trad. 6.47% Airbnb 6.97%
Investment Properties for Sale
$284,900
MLS 23135067
Norton Shores
Condo/Coop
2 beds 3 baths 1,993 sq.ft.
CAP RATE Trad. 5.60% Airbnb 5.17%
Investment Properties for Sale
$349,900
MLS 23027908
Norton Shores
Condo/Coop
3 beds 3 baths 2,338 sq.ft.
CAP RATE Trad. 4.47% Airbnb 5.01%

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Airbnb Vacation Rentals in Norton Shores, MI

Dunes View Cozy Studio Near Lake Michigan w/ Sauna
$114 per night Airbnb occupancy rate 52%
Guest suite 0 · 1 · 2
Rental Income: $1,824 per month
5
381
A Wave From It All
$259 per night Airbnb occupancy rate 42%
Guest suite 1 · 1 · 2
Rental Income: $3,367 per month
5
151
Funky musical cottage near Lake Michigan
$148 per night Airbnb occupancy rate 56%
House 2 · 1 · 6
Rental Income: $2,516 per month
5
108
Idyllic Lake Michigan Retreat in Norton Shores
$292 per night Airbnb occupancy rate 28%
Cottage 3 · 1 · 6
Rental Income: $2,540 per month
5
100
"Luxury Lakeside Bliss: 4BR Gem with Hot Tub"
$326 per night Airbnb occupancy rate 53%
Cottage 4 · 3 · 10
Rental Income: $5,249 per month
5
96
Luxury on Lake Michigan
$577 per night Airbnb occupancy rate 51%
House 6 · 3.5 · 16
Rental Income: $9,001 per month
5
93
Outdoor Enthusiast -  ideal rental for YOU!!!
$94 per night Airbnb occupancy rate 76%
House 1 · 1 · 4
Rental Income: $2,200 per month
5
80
Relaxing Haven Just 5 Miles to Lake Michigan!
$246 per night Airbnb occupancy rate 65%
House 4 · 3 · 12
Rental Income: $4,920 per month
5
65

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

Vacation Rentals for Sale in michigan

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