Rockwood Investment Analysis

Investment Property in Rockwood, MI

Rockwood, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 350,000

Median

2,077

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

9.00%

Airbnb
NUMBER OF PROPERTIES

9

Investment

13

Airbnb

2

Traditional

68%

Airbnb occupancy rate

Rockwood, MI Properties Rental Prices

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Investment Properties for Sale in Rockwood, MI

Investment Properties for Sale
$350,000
MLS 20230021814
Rockwood
Single Family Residential
3 beds 3 baths 1,928 sq.ft.
CAP RATE Trad. 4.35% Airbnb 9.08%
Investment Properties for Sale
$349,900
MLS 20230088936
Rockwood
Single Family Residential
3 beds 3 baths 2,084 sq.ft.
CAP RATE Trad. 4.28% Airbnb 8.50%
Investment Properties for Sale
$399,900
MLS 20230084602
Rockwood
Single Family Residential
3 beds 2 baths 1,913 sq.ft.
CAP RATE Trad. 2.27% Airbnb 7.92%
Investment Properties for Sale
$194,900
MLS 20230098906
Rockwood
Single Family Residential
4 beds 2 baths 1,368 sq.ft.
CAP RATE Trad. 6.73% Airbnb N/A

Single Family Houses for Sale in Rockwood, MI

Investment Properties for Sale
$350,000
MLS 20230021814
Rockwood
Single Family Residential
3 beds 3 baths 1,928 sq.ft.
CAP RATE Trad. 4.35% Airbnb 9.08%
Investment Properties for Sale
$349,900
MLS 20230088936
Rockwood
Single Family Residential
3 beds 3 baths 2,084 sq.ft.
CAP RATE Trad. 4.28% Airbnb 8.50%
Investment Properties for Sale
$399,900
MLS 20230084602
Rockwood
Single Family Residential
3 beds 2 baths 1,913 sq.ft.
CAP RATE Trad. 2.27% Airbnb 7.92%
Investment Properties for Sale
$194,900
MLS 20230098906
Rockwood
Single Family Residential
4 beds 2 baths 1,368 sq.ft.
CAP RATE Trad. 6.73% Airbnb N/A

Top Rockwood, MI Neighborhoods - Real Estate Market Analysis

Rockwood
PROPERTY PRICE

$288,500

Median for city
CAP RATE

4.09%

Traditional

9.26%

Airbnb
RENTAL INCOME

$ 1,703

Traditional

$ 2,749

Airbnb

58%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Rockwood, MI

Scenic, Comfortable, 3bdrm Riverfront Retreat!
$87 per night Airbnb occupancy rate 78%
Condominium 3 · 1 · 6
Rental Income: $2,088 per month
5
237
Cozy Riverfront w/Balcony-Fish/Hunt/Golf
$85 per night Airbnb occupancy rate 95%
Condominium 2 · 1 · 6
Rental Income: $2,465 per month
5
151
Charming, Cozy, Riverfront Retreat!
$83 per night Airbnb occupancy rate 85%
Condominium 2 · 1 · 5
Rental Income: $2,150 per month
5
94
Lake Erie cottage, walleye & perch fishing, WiFi
$120 per night Airbnb occupancy rate 68%
House 2 · 1 · 4
Rental Income: $2,484 per month
5
93
Lakefront home with private dock
$220 per night Airbnb occupancy rate 81%
Cottage 3 · 1.5 · 8
Rental Income: $5,434 per month
5
79
Luxury Studio Condo
$113 per night Airbnb occupancy rate 70%
House 1 · 1 · 4
Rental Income: $2,407 per month
5
48
Sundown Carriage House - a Fisherman's Paradise
$308 per night Airbnb occupancy rate 31%
Guesthouse 2 · 1 · 4
Rental Income: $2,926 per month
5
46
Riverfront Retreat! #2/Fish/Hunt
$72 per night Airbnb occupancy rate 91%
Condominium 1 · 1 · 4
Rental Income: $2,016 per month
5
36

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 $214,000 5% 10% $1,806 $3,341 15 75%
Wixom $382,200 4% 5% $2,404 $2,534 16 75%
Riverview $257,450 6% 6% $1,930 $2,516 12 75%
Walled Lake $272,450 4% 6% $2,123 $3,214 26 74%
Lincoln Park $149,995 8% 10% $1,539 $2,360 58 70%
Wyandotte $170,000 4% 5% $1,250 $1,782 31 68%
Trenton $189,900 5% 9% $1,665 $3,174 27 67%
Haslett $512,400 3% 8% $2,405 $4,831 16 67%
Farmington $319,950 4% 6% $1,860 $2,824 12 66%
Garden City $194,950 5% 8% $1,499 $2,603 58 65%
Carleton $364,900 3% 1% $2,486 $1,727 11 65%
Redford $169,900 6% 10% $1,434 $2,705 118 63%
Milford $549,950 3% 7% $2,819 $5,198 38 62%
Highland $400,000 4% 8% $2,342 $4,579 29 61%
Okemos $474,900 3% 6% $2,487 $3,070 23 61%
Traverse City $455,000 4% 7% $2,540 $5,534 327 57%
Clinton Township $239,000 5% 5% $1,791 $2,813 129 57%
Lake Orion $339,900 5% 8% $2,284 $3,894 51 55%
Mount Clemens $185,000 5% 7% $1,467 $2,890 23 53%
Grosse Ile $362,400 4% 6% $2,016 $2,563 20 50%
View all michigan cities

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