Presque Isle Investment Analysis

Investment Property in Presque Isle, MI

Presque Isle, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 316,500

Median

1,822

Avg/Sq.ft.
CASH ON CASH RETURN

2.00%

Traditional

8.00%

Airbnb
NUMBER OF PROPERTIES

6

Investment

19

Airbnb

1

Traditional

50%

Airbnb occupancy rate

Presque Isle, MI Properties Rental Prices

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Investment Properties for Sale in Presque Isle, MI

Investment Properties for Sale
$375,000
MLS 201824451
Presque Isle
Single Family Residential
3 beds 1 baths 1,780 sq.ft.
CAP RATE Trad. 1.67% Airbnb 6.96%
Investment Properties for Sale
$258,000
MLS 201826377
Presque Isle
Single Family Residential
2 beds 1 baths 685 sq.ft.
CAP RATE Trad. 2.61% Airbnb 5.71%
Investment Properties for Sale
$450,000
MLS 201826311
Presque Isle
Single Family Residential
4 beds 2 baths 3,200 sq.ft.
CAP RATE Trad. 2.46% Airbnb N/A
Investment Properties for Sale
$499,900
MLS 1913333
Presque Isle
Single Family Residential
4 beds 2 baths 3,000 sq.ft.
CAP RATE Trad. 2.32% Airbnb N/A

Single Family Houses for Sale in Presque Isle, MI

Investment Properties for Sale
$375,000
MLS 201824451
Presque Isle
Single Family Residential
3 beds 1 baths 1,780 sq.ft.
CAP RATE Trad. 1.67% Airbnb 6.96%
Investment Properties for Sale
$258,000
MLS 201826377
Presque Isle
Single Family Residential
2 beds 1 baths 685 sq.ft.
CAP RATE Trad. 2.61% Airbnb 5.71%
Investment Properties for Sale
$450,000
MLS 201826311
Presque Isle
Single Family Residential
4 beds 2 baths 3,200 sq.ft.
CAP RATE Trad. 2.46% Airbnb N/A
Investment Properties for Sale
$499,900
MLS 1913333
Presque Isle
Single Family Residential
4 beds 2 baths 3,000 sq.ft.
CAP RATE Trad. 2.32% Airbnb N/A

Top Presque Isle, MI Neighborhoods - Real Estate Market Analysis

Presque Isle
PROPERTY PRICE

$649,000

Median for city
CAP RATE

-0.80%

Traditional

3.61%

Airbnb
RENTAL INCOME

$ 576

Traditional

$ 2,178

Airbnb

38%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Presque Isle, MI

Serene Presque Isle Harbor Home on Sunrise Side!
$184 per night Airbnb occupancy rate 48%
House 3 · 2 · 8
Rental Income: $2,723 per month
5
47
Sunkissed Cottage
$249 per night Airbnb occupancy rate 50%
Cottage 3 · 1 · 6
Rental Income: $3,810 per month
5
46
The Ember's Cabin - Private log cabin on Grand Lk
$129 per night Airbnb occupancy rate 78%
Cabin 1 · 1 · 2
Rental Income: $3,042 per month
5
35
Amy’s Place
$298 per night Airbnb occupancy rate 50%
Cottage 3 · 1.5 · 4
Rental Income: $4,545 per month
5
26
Lakeview Queen studio with lake access unit # 6
$99 per night Airbnb occupancy rate 82%
Condominium 1 · 1 · 2
Rental Income: $2,500 per month
5
23
Cozy Long Lake Living
$159 per night Airbnb occupancy rate 61%
Cottage 3 · 2 · 6
Rental Income: $2,973 per month
5
22
Lakeview Queen studio with lake access.
$97 per night Airbnb occupancy rate 50%
Condominium 1 · 1 · 2
Rental Income: $1,497 per month
5
18
Labor Day weekend open!  Lakeview apt w/access
$169 per night Airbnb occupancy rate 36%
Condominium 2 · 1 · 6
Rental Income: $1,859 per month
5
18

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%
View all michigan cities

Vacation Rentals for Sale in michigan

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