Oak Park Investment Analysis
Investment Property in Oak Park, MI
Oak Park, MI Real Estate Investment Performance
$ 229,900
Median
1,425
Avg/Sq.ft.
6.00%
Traditional
8.00%
Airbnb
34
Investment
550
Airbnb
35
Traditional
59%
Airbnb occupancy rate
Oak Park, MI Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Oak Park, MI
$229,900
MLS 24001073
Single Family Residential
CAP RATE
Trad.
7.03%
Airbnb
9.96%
$199,000
MLS 20230048568
Single Family Residential
CAP RATE
Trad.
7.42%
Airbnb
9.45%
$179,999
MLS 20240000531
Single Family Residential
CAP RATE
Trad.
4.49%
Airbnb
9.11%
$205,000
MLS 20240009803
Single Family Residential
CAP RATE
Trad.
8.60%
Airbnb
9.02%
$210,000
MLS 20240025156
Single Family Residential
CAP RATE
Trad.
6.53%
Airbnb
8.70%
$199,900
MLS 50135844
Single Family Residential
CAP RATE
Trad.
4.51%
Airbnb
8.69%
$269,000
MLS 20240025200
Single Family Residential
CAP RATE
Trad.
6.82%
Airbnb
8.31%
$220,000
MLS 20230024928
Single Family Residential
CAP RATE
Trad.
5.10%
Airbnb
8.29%
Single Family Houses for Sale in Oak Park, MI
$229,900
MLS 24001073
Single Family Residential
CAP RATE
Trad.
7.03%
Airbnb
9.96%
$199,000
MLS 20230048568
Single Family Residential
CAP RATE
Trad.
7.42%
Airbnb
9.45%
$179,999
MLS 20240000531
Single Family Residential
CAP RATE
Trad.
4.49%
Airbnb
9.11%
$205,000
MLS 20240009803
Single Family Residential
CAP RATE
Trad.
8.60%
Airbnb
9.02%
$210,000
MLS 20240025156
Single Family Residential
CAP RATE
Trad.
6.53%
Airbnb
8.70%
$199,900
MLS 50135844
Single Family Residential
CAP RATE
Trad.
4.51%
Airbnb
8.69%
$269,000
MLS 20240025200
Single Family Residential
CAP RATE
Trad.
6.82%
Airbnb
8.31%
$220,000
MLS 20230024928
Single Family Residential
CAP RATE
Trad.
5.10%
Airbnb
8.29%
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Oak Park, MI
$75 per night
Airbnb occupancy rate 93%
Apartment 1 · 1 · 2
Rental Income: $2,119 per month
645
$87 per night
Airbnb occupancy rate 70%
House 3 · 1 · 7
Rental Income: $1,849 per month
370
$129 per night
Airbnb occupancy rate 68%
House 3 · 2 · 6
Rental Income: $2,688 per month
313
$108 per night
Airbnb occupancy rate 42%
House 3 · 1 · 12
Rental Income: $1,368 per month
312
$122 per night
Airbnb occupancy rate 57%
House 2 · 1 · 5
Rental Income: $2,125 per month
306
$153 per night
Airbnb occupancy rate 70%
House 4 · 2 · 9
Rental Income: $3,264 per month
305
$119 per night
Airbnb occupancy rate 61%
Townhouse 2 · 1 · 4
Rental Income: $2,211 per month
299
$69 per night
Airbnb occupancy rate 67%
Guest suite 1 · 1 · 2
Rental Income: $1,420 per month
299
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 | $307,000 | 5% | 7% | $2,077 | $3,037 | 13 | 73% |
| Wixom | $455,000 | 4% | 6% | $2,631 | $4,135 | 25 | 71% |
| Trenton | $229,000 | 5% | 10% | $1,782 | $3,752 | 21 | 70% |
| Riverview | $189,450 | 6% | 11% | $1,820 | $3,037 | 16 | 68% |
| Walled Lake | $295,000 | 4% | 6% | $2,052 | $3,511 | 22 | 67% |
| Wyandotte | $197,450 | 4% | 5% | $1,460 | $2,025 | 40 | 66% |
| Fowlerville | $330,000 | 5% | 15% | $2,410 | $4,833 | 12 | 66% |
| Grosse Ile | $499,000 | 3% | 15% | $2,667 | $3,847 | 19 | 65% |
| Lincoln Park | $148,500 | 7% | 10% | $1,353 | $2,436 | 55 | 63% |
| Farmington | $232,500 | 4% | 6% | $1,509 | $3,193 | 14 | 63% |
| Milford | $527,450 | 4% | 5% | $3,320 | $4,135 | 50 | 63% |
| Haslett | $362,450 | 4% | 7% | $2,011 | $3,244 | 20 | 59% |
| Okemos | $426,950 | 3% | 3% | $2,317 | $2,992 | 32 | 59% |
| Clinton Township | $263,950 | 4% | 5% | $1,952 | $2,538 | 104 | 59% |
| Canton | $422,500 | 4% | 4% | $2,603 | $3,481 | 118 | 59% |
| Highland | $599,900 | 3% | 8% | $2,644 | $4,135 | 31 | 58% |
| Garden City | $202,450 | 5% | 5% | $1,645 | $2,039 | 40 | 57% |
| Mount Clemens | $214,900 | 5% | 8% | $1,528 | $2,835 | 17 | 56% |
| Lake Orion | $399,900 | 4% | 6% | $2,368 | $3,422 | 45 | 54% |
| Redford | $219,900 | 5% | 6% | $1,667 | $2,325 | 236 | 53% |
Vacation Rentals for Sale in michigan
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