Plainwell Investment Analysis

Investment Property in Plainwell, MI

Plainwell, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 337,450

Median

2,300

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

8.00%

Airbnb
NUMBER OF PROPERTIES

22

Investment

13

Airbnb

3

Traditional

41%

Airbnb occupancy rate

Plainwell, MI Properties Rental Prices

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Investment Properties for Sale in Plainwell, MI

Investment Properties for Sale
$299,900
MLS 23024883
Plainwell
Single Family Residential
4 beds 3 baths 3,168 sq.ft.
CAP RATE Trad. 7.48% Airbnb 8.94%
Investment Properties for Sale
$295,000
MLS 23032734
Plainwell
Single Family Residential
4 beds 3 baths 2,286 sq.ft.
CAP RATE Trad. 6.46% Airbnb 8.57%
Investment Properties for Sale
$975,000
MLS 23032669
Plainwell
Single Family Residential
4 beds 2 baths 2,068 sq.ft.
CAP RATE Trad. -0.54% Airbnb 0.79%
Investment Properties for Sale
$200,000
MLS 23132749
Plainwell
Single Family Residential
3 beds 2 baths 1,344 sq.ft.
CAP RATE Trad. 7.50% Airbnb N/A
Investment Properties for Sale
$199,900
MLS 23031353
Plainwell
Single Family Residential
3 beds 2 baths 936 sq.ft.
CAP RATE Trad. 7.43% Airbnb N/A
Investment Properties for Sale
$214,900
MLS 23032441
Plainwell
Single Family Residential
3 beds 1 baths 1,012 sq.ft.
CAP RATE Trad. 6.27% Airbnb N/A
Investment Properties for Sale
$235,000
MLS 23030938
Plainwell
Single Family Residential
3 beds 2 baths 1,868 sq.ft.
CAP RATE Trad. 5.90% Airbnb N/A
Investment Properties for Sale
$239,900
MLS 23132761
Plainwell
Single Family Residential
3 beds 2 baths 1,746 sq.ft.
CAP RATE Trad. 5.82% Airbnb N/A

Single Family Houses for Sale in Plainwell, MI

Investment Properties for Sale
$299,900
MLS 23024883
Plainwell
Single Family Residential
4 beds 3 baths 3,168 sq.ft.
CAP RATE Trad. 7.48% Airbnb 8.94%
Investment Properties for Sale
$295,000
MLS 23032734
Plainwell
Single Family Residential
4 beds 3 baths 2,286 sq.ft.
CAP RATE Trad. 6.46% Airbnb 8.57%
Investment Properties for Sale
$975,000
MLS 23032669
Plainwell
Single Family Residential
4 beds 2 baths 2,068 sq.ft.
CAP RATE Trad. -0.54% Airbnb 0.79%
Investment Properties for Sale
$200,000
MLS 23132749
Plainwell
Single Family Residential
3 beds 2 baths 1,344 sq.ft.
CAP RATE Trad. 7.50% Airbnb N/A
Investment Properties for Sale
$199,900
MLS 23031353
Plainwell
Single Family Residential
3 beds 2 baths 936 sq.ft.
CAP RATE Trad. 7.43% Airbnb N/A
Investment Properties for Sale
$214,900
MLS 23032441
Plainwell
Single Family Residential
3 beds 1 baths 1,012 sq.ft.
CAP RATE Trad. 6.27% Airbnb N/A
Investment Properties for Sale
$235,000
MLS 23030938
Plainwell
Single Family Residential
3 beds 2 baths 1,868 sq.ft.
CAP RATE Trad. 5.90% Airbnb N/A
Investment Properties for Sale
$239,900
MLS 23132761
Plainwell
Single Family Residential
3 beds 2 baths 1,746 sq.ft.
CAP RATE Trad. 5.82% Airbnb N/A

Top Plainwell, MI Neighborhoods - Real Estate Market Analysis

Plainwell
PROPERTY PRICE

$349,498

Median for city
CAP RATE

3.16%

Traditional

4.60%

Airbnb
RENTAL INCOME

$ 1,160

Traditional

$ 3,749

Airbnb

54%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Plainwell, MI

Carriage House on the River
$195 per night Airbnb occupancy rate 44%
Cottage 1 · 1 · 2
Rental Income: $2,633 per month
5
124
The Barn House
$394 per night Airbnb occupancy rate 34%
Barn 5 · 2 · 10
Rental Income: $4,137 per month
5
93
The Pineapple Cottage
$135 per night Airbnb occupancy rate 46%
Tiny house 1 · 1 · 2
Rental Income: $1,879 per month
5
54
Pine Lake - Lakefront + Beach Front & Own Dock
$295 per night Airbnb occupancy rate 41%
Villa 2 · 2 · 9
Rental Income: $3,717 per month
5
51
The Ivy Lodge
$310 per night Airbnb occupancy rate 57%
Cottage 9 · 3 · 16
Rental Income: $5,425 per month
5
49
Unique and Cozy One Bedroom Boho BarnLoft
$71 per night Airbnb occupancy rate 68%
Guesthouse 1 · 1 · 4
Rental Income: $1,477 per month
5
46
Pine Lake retreat
$350 per night Airbnb occupancy rate 32%
Cottage 3 · 2 · 6
Rental Income: $3,465 per month
5
41
Stylish LakeHouse w/ Hot Tub- 20 min  Bittersweet
$214 per night Airbnb occupancy rate 90%
House 4 · 2 · 8
Rental Income: $5,867 per month
5
27

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

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