Otter Lake Investment Analysis
Investment Property in Otter Lake, MI
Otter Lake, MI Real Estate Investment Performance
$ 237,400
Median
1,480
Avg/Sq.ft.
7.00%
Traditional
N/A
Airbnb
4
Investment
7
Airbnb
N/A
Traditional
62%
Airbnb occupancy rate
Otter Lake, MI Properties Rental Prices
Predict Short-Term Rental Revenue
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Top Otter Lake, MI Neighborhoods - Real Estate Market Analysis
Otter Lake
$324,900
Median for city
1.97%
Traditional
7.88%
Airbnb
$ 1,060
Traditional
$ 3,920
Airbnb
69%
Airbnb occupancy rate
Popular Blog Posts
Popular Airbnb Topics
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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 Otter Lake, MI
$100 per night
Airbnb occupancy rate 73%
Cottage 3 · 1 · 6
Rental Income: $2,240 per month
101
$84 per night
Airbnb occupancy rate 95%
Cottage 3 · 1 · 7
Rental Income: $2,422 per month
28
$117 per night
Airbnb occupancy rate 62%
Cottage 2 · 2 · 7
Rental Income: $2,223 per month
25
$81 per night
Airbnb occupancy rate 37%
Camper/RV 1 · 1 · 5
Rental Income: $915 per month
13
$120 per night
Airbnb occupancy rate 31%
Cabin 1 · 1 · 5
Rental Income: $1,152 per month
8
$144 per night
Airbnb occupancy rate 66%
House 2 · 1 · 7
Rental Income: $2,928 per month
5
$117 per night
Airbnb occupancy rate 36%
Cabin 1 · 1 · 5
Rental Income: $1,299 per month
4
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% |
Vacation Rentals for Sale in michigan
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