Portage Investment Analysis

Investment Property in Portage, MI

Portage, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 359,950

Median

2,270

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

6.00%

Airbnb
NUMBER OF PROPERTIES

118

Investment

36

Airbnb

12

Traditional

51%

Airbnb occupancy rate

Portage, MI Properties Rental Prices

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Investment Properties for Sale in Portage, MI

Investment Properties for Sale
$399,500
MLS 24008997
Portage
Single Family Residential
4 beds 3 baths 2,518 sq.ft.
CAP RATE Trad. 4.15% Airbnb 9.98%
Investment Properties for Sale
$395,000
MLS 24015790
Portage
Single Family Residential
4 beds 3 baths 1,824 sq.ft.
CAP RATE Trad. 4.21% Airbnb 9.96%
Investment Properties for Sale
$375,000
MLS 24012456
Portage
Single Family Residential
4 beds 3 baths 3,010 sq.ft.
CAP RATE Trad. 2.79% Airbnb 9.79%
Investment Properties for Sale
$194,500
MLS 24011960
Portage
Single Family Residential
3 beds 1 baths 1,120 sq.ft.
CAP RATE Trad. 4.78% Airbnb 9.80%
Investment Properties for Sale
$369,900
MLS 24008442
Portage
Single Family Residential
4 beds 3 baths 2,075 sq.ft.
CAP RATE Trad. 3.40% Airbnb 9.63%
Investment Properties for Sale
$453,095
MLS 24015431
Portage
Single Family Residential
4 beds 3 baths 2,393 sq.ft.
CAP RATE Trad. 4.43% Airbnb 9.48%
Investment Properties for Sale
$400,000
MLS 24015567
Portage
Single Family Residential
4 beds 3 baths 3,772 sq.ft.
CAP RATE Trad. 3.77% Airbnb 9.44%
Investment Properties for Sale
$399,000
MLS 24014232
Portage
Single Family Residential
4 beds 3 baths 2,614 sq.ft.
CAP RATE Trad. 3.44% Airbnb 9.23%

Single Family Houses for Sale in Portage, MI

Investment Properties for Sale
$399,500
MLS 24008997
Portage
Single Family Residential
4 beds 3 baths 2,518 sq.ft.
CAP RATE Trad. 4.15% Airbnb 9.98%
Investment Properties for Sale
$395,000
MLS 24015790
Portage
Single Family Residential
4 beds 3 baths 1,824 sq.ft.
CAP RATE Trad. 4.21% Airbnb 9.96%
Investment Properties for Sale
$375,000
MLS 24012456
Portage
Single Family Residential
4 beds 3 baths 3,010 sq.ft.
CAP RATE Trad. 2.79% Airbnb 9.79%
Investment Properties for Sale
$194,500
MLS 24011960
Portage
Single Family Residential
3 beds 1 baths 1,120 sq.ft.
CAP RATE Trad. 4.78% Airbnb 9.80%
Investment Properties for Sale
$369,900
MLS 24008442
Portage
Single Family Residential
4 beds 3 baths 2,075 sq.ft.
CAP RATE Trad. 3.40% Airbnb 9.63%
Investment Properties for Sale
$453,095
MLS 24015431
Portage
Single Family Residential
4 beds 3 baths 2,393 sq.ft.
CAP RATE Trad. 4.43% Airbnb 9.48%
Investment Properties for Sale
$400,000
MLS 24015567
Portage
Single Family Residential
4 beds 3 baths 3,772 sq.ft.
CAP RATE Trad. 3.77% Airbnb 9.44%
Investment Properties for Sale
$399,000
MLS 24014232
Portage
Single Family Residential
4 beds 3 baths 2,614 sq.ft.
CAP RATE Trad. 3.44% Airbnb 9.23%

Condos for Sale in Portage, MI

Investment Properties for Sale
$199,000
MLS 24014015
Portage
Condo/Coop
3 beds 2 baths 1,416 sq.ft.
CAP RATE Trad. 4.26% Airbnb 7.81%
Investment Properties for Sale
$260,000
MLS 24017311
Portage
Condo/Coop
3 beds 3 baths 2,074 sq.ft.
CAP RATE Trad. 5.73% Airbnb 6.89%
Investment Properties for Sale
$300,000
MLS 24017177
Portage
Condo/Coop
3 beds 2 baths 1,709 sq.ft.
CAP RATE Trad. 1.61% Airbnb 3.53%
Investment Properties for Sale
$375,000
MLS 24008968
Portage
Condo/Coop
3 beds 3 baths 2,065 sq.ft.
CAP RATE Trad. 2.31% Airbnb 3.00%
Investment Properties for Sale
$210,000
MLS 24013778
Portage
Condo/Coop
2 beds 2 baths 1,140 sq.ft.
CAP RATE Trad. 4.02% Airbnb 2.37%
Investment Properties for Sale
$212,000
MLS 24015864
Portage
Condo/Coop
2 beds 2 baths 1,176 sq.ft.
CAP RATE Trad. 3.81% Airbnb 2.01%
Investment Properties for Sale
$180,000
MLS 24017645
Portage
Condo/Coop
2 beds 2 baths 1,122 sq.ft.
CAP RATE Trad. 3.92% Airbnb 1.93%
Investment Properties for Sale
$525,000
MLS 24013301
Portage
Condo/Coop
3 beds 3 baths 2,258 sq.ft.
CAP RATE Trad. 1.09% Airbnb 1.19%

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Airbnb Vacation Rentals in Portage, MI

Artist's Home, private level in quiet neighborhood
$100 per night Airbnb occupancy rate 72%
House 1 · 1 · 3
Rental Income: $2,200 per month
5
172
Re-imagined Modern Bungalow
$102 per night Airbnb occupancy rate 84%
Bungalow 2 · 1 · 3
Rental Income: $2,627 per month
5
146
Artesian House | Quiet Country Ranch Near Town
$163 per night Airbnb occupancy rate 80%
House 4 · 2 · 8
Rental Income: $3,980 per month
5
137
A Cozy Waterfront Loft
$120 per night Airbnb occupancy rate 60%
Guest suite 1 · 1 · 4
Rental Income: $2,190 per month
5
113
Portage Pride
$162 per night Airbnb occupancy rate 75%
House 3 · 1.5 · 6
Rental Income: $3,713 per month
5
111
Ritz 75 / Softwater, Icemaker, 75 inch TV
$135 per night Airbnb occupancy rate 72%
House 2 · 1.5 · 4
Rental Income: $2,981 per month
5
104
Sunset View Lake Home w/ Outdoor Sauna!
$194 per night Airbnb occupancy rate 69%
House 2 · 1 · 4
Rental Income: $4,058 per month
5
86
Quiet 3-Bedroom Getaway a stones throw to the lake
$151 per night Airbnb occupancy rate 75%
House 3 · 2 · 6
Rental Income: $3,448 per month
5
86

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 $303,450 5% 7% $2,077 $3,037 14 73%
Wixom $455,000 4% 6% $2,652 $4,135 27 71%
Trenton $229,000 5% 10% $1,790 $3,230 21 70%
Riverview $189,900 6% 12% $1,953 $3,037 15 68%
Walled Lake $395,000 4% 6% $2,512 $3,240 83 67%
Fowlerville $325,000 5% 15% $2,280 $4,833 13 66%
Grosse Ile $499,000 3% 15% $2,667 $3,847 19 65%
Wyandotte $199,950 4% 5% $1,450 $2,025 40 64%
Lincoln Park $148,500 7% 10% $1,353 $2,436 55 63%
Farmington $240,000 4% 6% $1,513 $3,193 15 63%
Milford $527,450 4% 5% $3,320 $4,135 50 63%
Haslett $329,950 4% 7% $1,878 $3,401 20 59%
Okemos $426,950 3% 3% $2,288 $2,992 32 59%
Canton $422,500 4% 4% $2,603 $3,481 118 59%
Highland $599,900 3% 9% $2,857 $4,135 29 58%
Clinton Township $260,000 4% 5% $1,949 $2,556 105 58%
Garden City $202,450 5% 5% $1,645 $2,039 40 57%
Mount Clemens $214,900 5% 8% $1,528 $2,772 17 54%
Lake Orion $399,900 4% 6% $2,342 $3,422 46 54%
Redford $219,900 5% 6% $1,661 $2,294 236 53%
View all michigan cities

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