River Rouge Investment Analysis

Investment Property in River Rouge, MI

River Rouge, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 110,000

Median

1,473

Avg/Sq.ft.
CASH ON CASH RETURN

9.00%

Traditional

25.00%

Airbnb
NUMBER OF PROPERTIES

13

Investment

279

Airbnb

5

Traditional

62%

Airbnb occupancy rate

River Rouge, MI Properties Rental Prices

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Top River Rouge, MI Neighborhoods - Real Estate Market Analysis

River Rouge
PROPERTY PRICE

$97,500

Median for city
CAP RATE

7.56%

Traditional

14.31%

Airbnb
RENTAL INCOME

$ 907

Traditional

$ 2,234

Airbnb

42%

Airbnb occupancy rate

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Airbnb Vacation Rentals in River Rouge, MI

Walk to sports and concert events!
$142 per night Airbnb occupancy rate 63%
Apartment 1 · 1 · 3
Rental Income: $2,741 per month
5
433
Renovated home in North Corktown
$149 per night Airbnb occupancy rate 31%
House 2 · 1 · 6
Rental Income: $1,416 per month
5
395
Design-centric Corktown Apartment
$225 per night Airbnb occupancy rate 36%
Apartment 2 · 2 · 4
Rental Income: $2,475 per month
5
386
Hotel Lager House in Corktown Detroit
$235 per night Airbnb occupancy rate 63%
Loft 1 · 1 · 6
Rental Income: $4,559 per month
5
381
Walk to Theaters & Stadiums, Large Corner 1BDRM
$143 per night Airbnb occupancy rate 68%
Apartment 1 · 1 · 2
Rental Income: $2,960 per month
5
374
Charming Historic Corktown Home
$223 per night Airbnb occupancy rate 75%
House 3 · 2 · 6
Rental Income: $5,129 per month
5
350
Madelyn’s  urban style loft with large patio.
$85 per night Airbnb occupancy rate 81%
Loft 1 · 1 · 2
Rental Income: $2,108 per month
5
321
Howard’s loft with rooftop deck
$90 per night Airbnb occupancy rate 84%
Loft 1 · 1 · 2
Rental Income: $2,313 per month
5
284

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%
Canton $400,000 4% 5% $2,416 $3,529 117 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%
Haslett $281,250 4% 10% $1,882 $3,385 18 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 $159,900 6% 9% $1,315 $2,577 11 50%
Grosse Ile $424,500 3% 8% $2,308 $2,645 14 49%
View all michigan cities

Vacation Rentals for Sale in michigan

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