Richland Investment Analysis

Investment Property in Richland, MI

Richland, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 389,500

Median

2,581

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

11.00%

Airbnb
NUMBER OF PROPERTIES

23

Investment

15

Airbnb

6

Traditional

58%

Airbnb occupancy rate

Richland, MI Properties Rental Prices

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Investment Properties for Sale in Richland, MI

Investment Properties for Sale
$325,000
MLS 23135896
Richland
Condo/Coop
2 beds 3 baths 2,350 sq.ft.
CAP RATE Trad. 4.64% Airbnb 6.33%
Investment Properties for Sale
$405,500
MLS 23009356
Richland
Other
2 beds 2 baths 1,305 sq.ft.
CAP RATE Trad. 3.06% Airbnb 4.68%
Investment Properties for Sale
$384,900
MLS 23032992
Richland
Condo/Coop
2 beds 2 baths 1,520 sq.ft.
CAP RATE Trad. 2.65% Airbnb 4.30%
Investment Properties for Sale
$434,900
MLS 23023827
Richland
Condo/Coop
2 beds 2 baths 1,635 sq.ft.
CAP RATE Trad. 2.80% Airbnb 4.19%
Investment Properties for Sale
$775,000
MLS 23032312
Richland
Single Family Residential
2 beds 2 baths 2,000 sq.ft.
CAP RATE Trad. 1.37% Airbnb 2.37%
Investment Properties for Sale
$225,000
MLS 23030867
Richland
Single Family Residential
5 beds 2 baths 2,910 sq.ft.
CAP RATE Trad. 6.94% Airbnb N/A
Investment Properties for Sale
$219,900
MLS 23135369
Richland
Single Family Residential
3 beds 3 baths 2,224 sq.ft.
CAP RATE Trad. 6.69% Airbnb N/A
Investment Properties for Sale
$239,900
MLS 23133002
Richland
Single Family Residential
3 beds 2 baths 1,404 sq.ft.
CAP RATE Trad. 5.26% Airbnb N/A

Single Family Houses for Sale in Richland, MI

Investment Properties for Sale
$775,000
MLS 23032312
Richland
Single Family Residential
2 beds 2 baths 2,000 sq.ft.
CAP RATE Trad. 1.37% Airbnb 2.37%
Investment Properties for Sale
$225,000
MLS 23030867
Richland
Single Family Residential
5 beds 2 baths 2,910 sq.ft.
CAP RATE Trad. 6.94% Airbnb N/A
Investment Properties for Sale
$219,900
MLS 23135369
Richland
Single Family Residential
3 beds 3 baths 2,224 sq.ft.
CAP RATE Trad. 6.69% Airbnb N/A
Investment Properties for Sale
$239,900
MLS 23133002
Richland
Single Family Residential
3 beds 2 baths 1,404 sq.ft.
CAP RATE Trad. 5.26% Airbnb N/A
Investment Properties for Sale
$235,000
MLS 23025108
Richland
Single Family Residential
3 beds 1 baths 1,184 sq.ft.
CAP RATE Trad. 4.05% Airbnb N/A
Investment Properties for Sale
$464,900
MLS 23030296
Richland
Single Family Residential
3 beds 3 baths 2,055 sq.ft.
CAP RATE Trad. 3.44% Airbnb N/A
Investment Properties for Sale
$749,900
MLS 23017054
Richland
Single Family Residential
5 beds 5 baths 4,620 sq.ft.
CAP RATE Trad. 3.00% Airbnb N/A
Investment Properties for Sale
$899,000
MLS 23020719
Richland
Single Family Residential
5 beds 5 baths 4,755 sq.ft.
CAP RATE Trad. 2.86% Airbnb N/A

Top Richland, MI Neighborhoods - Real Estate Market Analysis

Richland
PROPERTY PRICE

$340,000

Median for city
CAP RATE

2.15%

Traditional

13.88%

Airbnb
RENTAL INCOME

$ 1,315

Traditional

$ 4,328

Airbnb

53%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Richland, MI

Lakefront Timber-Frame Cabin & Retreat Center
$163 per night Airbnb occupancy rate 86%
Cabin 2 · 2 · 4
Rental Income: $4,279 per month
5
339
4 BR Lower Level
$102 per night Airbnb occupancy rate 61%
House 4 · 1 · 10
Rental Income: $1,897 per month
5
188
The Mary Alice Hotel  (monthly)
$150 per night Airbnb occupancy rate 35%
Guesthouse 1 · 1 · 2
Rental Income: $1,600 per month
5
136
Cabin in country setting Gull Lake.
$142 per night Airbnb occupancy rate 59%
House 2 · 1 · 4
Rental Income: $2,584 per month
5
84
2-BR 5TH Wheel Camper on 11 Wooded Acres
$85 per night Airbnb occupancy rate 83%
Camper/RV 2 · 1.5 · 6
Rental Income: $2,151 per month
5
53
Gull Lake - Close to Kalamazoo & Battle Creek
$238 per night Airbnb occupancy rate 53%
House 3 · 1.5 · 10
Rental Income: $3,879 per month
5
52
Lakefront, Hot Tub & Swimming Beach in K'zoo
$434 per night Airbnb occupancy rate 67%
House 4 · 3 · 14
Rental Income: $8,897 per month
5
36
Gull Lake Lang Family Lake House
$352 per night Airbnb occupancy rate 83%
House 4 · 1.5 · 8
Rental Income: $8,878 per month
5
24

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
Wixom $449,000 4% 5% $2,631 $3,784 13 75%
Walled Lake $298,500 4% 2% $2,009 $1,400 34 72%
Riverview $199,950 5% 6% $1,709 $2,549 10 69%
Holt $269,900 5% 5% $1,886 $2,523 17 68%
Wyandotte $174,500 4% 6% $1,308 $1,927 30 68%
Lincoln Park $145,000 7% 8% $1,466 $2,001 57 65%
Garden City $194,850 5% 6% $1,537 $2,190 38 65%
Milford $574,900 3% 6% $2,798 $4,775 39 64%
Highland $504,500 3% 7% $2,505 $4,775 32 62%
Haslett $322,500 4% 9% $2,171 $3,383 20 62%
Redford $165,000 6% 10% $1,427 $2,664 103 61%
Eaton Rapids $259,950 6% 34% $1,850 $7,649 26 61%
Trenton $195,000 6% 8% $1,725 $3,321 26 60%
Lake Orion $377,000 4% 8% $2,562 $4,230 42 58%
Traverse City $459,000 3% 7% $2,509 $5,289 356 56%
Mount Clemens $170,000 5% 7% $1,436 $2,577 25 50%
Grosse Ile $399,000 3% 8% $2,284 $2,645 11 49%
Garden $289,700 3% 10% $1,615 $3,370 10 47%
View all michigan cities

Vacation Rentals for Sale in michigan

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