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Short Term Rentals For Sale
| 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% | 3% | $2,040 | $1,312 | 30 | 75% |
| Wixom | $449,000 | 3% | 4% | $2,304 | $3,784 | 13 | 75% |
| Riverview | $199,950 | 4% | 6% | $1,536 | $2,279 | 10 | 71% |
| Wyandotte | $175,000 | 4% | 6% | $1,248 | $1,855 | 33 | 70% |
| Holt | $269,900 | 3% | 6% | $1,176 | $2,605 | 15 | 68% |
| Lincoln Park | $145,450 | 7% | 10% | $1,318 | $2,340 | 66 | 68% |
| Garden City | $194,850 | 4% | 6% | $1,344 | $2,190 | 42 | 65% |
| Milford | $560,000 | 3% | 6% | $2,400 | $4,775 | 35 | 64% |
| Highland | $495,000 | 5% | 7% | $2,352 | $4,775 | 31 | 63% |
| Haslett | $299,900 | 2% | 9% | $1,365 | $3,383 | 19 | 62% |
| Redford | $165,000 | 6% | 10% | $1,308 | $2,664 | 102 | 61% |
| Eaton Rapids | $259,900 | 3% | 29% | $1,365 | $7,649 | 26 | 61% |
| Lake Orion | $387,500 | 5% | 8% | $2,112 | $4,288 | 40 | 60% |
| Trenton | $198,450 | 4% | 9% | $1,439 | $3,449 | 28 | 58% |
| Traverse City | $459,000 | 2% | 7% | $1,728 | $5,452 | 351 | 57% |
| Clinton Township | $257,450 | 3% | 4% | $1,536 | $2,771 | 116 | 55% |
| Mount Clemens | $170,000 | 5% | 8% | $1,318 | $2,664 | 23 | 54% |
| Garden | $289,700 | 3% | 16% | $1,205 | $3,370 | 10 | 47% |
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