Romulus Investment Analysis
Investment Property in Romulus, MI
Romulus, MI Real Estate Investment Performance
$ 224,900
Median
1,622
Avg/Sq.ft.
5.00%
Traditional
4.00%
Airbnb
35
Investment
18
Airbnb
13
Traditional
45%
Airbnb occupancy rate
Romulus, MI Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Romulus, MI
$129,000
MLS 20240019161
Single Family Residential
CAP RATE
Trad.
7.27%
Airbnb
7.83%
$446,114
MLS 20240002105
Single Family Residential
CAP RATE
Trad.
4.35%
Airbnb
7.21%
$89,900
MLS 20240006956
Single Family Residential
CAP RATE
Trad.
11.68%
Airbnb
7.19%
$467,114
MLS 20240003798
Single Family Residential
CAP RATE
Trad.
4.02%
Airbnb
6.86%
$395,000
MLS 20240012579
Single Family Residential
CAP RATE
Trad.
2.87%
Airbnb
6.87%
$405,000
MLS 24003728
Single Family Residential
CAP RATE
Trad.
3.48%
Airbnb
6.81%
$135,000
MLS 50135729
Single Family Residential
CAP RATE
Trad.
11.50%
Airbnb
6.92%
$139,900
MLS 24004006
Single Family Residential
CAP RATE
Trad.
7.73%
Airbnb
5.78%
Single Family Houses for Sale in Romulus, MI
$129,000
MLS 20240019161
Single Family Residential
CAP RATE
Trad.
7.27%
Airbnb
7.83%
$446,114
MLS 20240002105
Single Family Residential
CAP RATE
Trad.
4.35%
Airbnb
7.21%
$89,900
MLS 20240006956
Single Family Residential
CAP RATE
Trad.
11.68%
Airbnb
7.19%
$467,114
MLS 20240003798
Single Family Residential
CAP RATE
Trad.
4.02%
Airbnb
6.86%
$395,000
MLS 20240012579
Single Family Residential
CAP RATE
Trad.
2.87%
Airbnb
6.87%
$405,000
MLS 24003728
Single Family Residential
CAP RATE
Trad.
3.48%
Airbnb
6.81%
$135,000
MLS 50135729
Single Family Residential
CAP RATE
Trad.
11.50%
Airbnb
6.92%
$139,900
MLS 24004006
Single Family Residential
CAP RATE
Trad.
7.73%
Airbnb
5.78%
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Romulus, MI
$109 per night
Airbnb occupancy rate 70%
House 2 · 1 · 7
Rental Income: $2,316 per month
109
$88 per night
Airbnb occupancy rate 95%
Guest suite 1 · 1 · 3
Rental Income: $2,537 per month
91
$103 per night
Airbnb occupancy rate 93%
House 3 · 2 · 6
Rental Income: $2,918 per month
60
$92 per night
Airbnb occupancy rate 74%
House 3 · 1 · 4
Rental Income: $2,085 per month
55
$160 per night
Airbnb occupancy rate 50%
House 3 · 1 · 7
Rental Income: $2,444 per month
31
$74 per night
Airbnb occupancy rate 46%
House 2 · 1 · 3
Rental Income: $1,030 per month
25
$129 per night
Airbnb occupancy rate 67%
House 4 · 1 · 8
Rental Income: $2,655 per month
23
$112 per night
Airbnb occupancy rate 11%
Apartment 2 · 2 · 7
Rental Income: $364 per month
19
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 | $307,000 | 5% | 7% | $2,077 | $3,037 | 13 | 73% |
| Wixom | $455,000 | 4% | 6% | $2,631 | $4,135 | 25 | 71% |
| Trenton | $229,000 | 5% | 10% | $1,782 | $3,752 | 21 | 70% |
| Riverview | $189,450 | 6% | 11% | $1,820 | $3,037 | 16 | 68% |
| Walled Lake | $295,000 | 4% | 6% | $2,052 | $3,511 | 22 | 67% |
| Wyandotte | $197,450 | 4% | 5% | $1,460 | $2,025 | 40 | 66% |
| Fowlerville | $330,000 | 5% | 15% | $2,410 | $4,833 | 12 | 66% |
| Grosse Ile | $499,000 | 3% | 15% | $2,667 | $3,847 | 19 | 65% |
| Lincoln Park | $148,500 | 7% | 10% | $1,353 | $2,436 | 55 | 63% |
| Farmington | $232,500 | 4% | 6% | $1,509 | $3,193 | 14 | 63% |
| Milford | $527,450 | 4% | 5% | $3,320 | $4,135 | 50 | 63% |
| Haslett | $362,450 | 4% | 7% | $2,011 | $3,244 | 20 | 59% |
| Okemos | $426,950 | 3% | 3% | $2,317 | $2,992 | 32 | 59% |
| Clinton Township | $263,950 | 4% | 5% | $1,952 | $2,538 | 104 | 59% |
| Canton | $422,500 | 4% | 4% | $2,603 | $3,481 | 118 | 59% |
| Highland | $599,900 | 3% | 8% | $2,644 | $4,135 | 31 | 58% |
| Garden City | $202,450 | 5% | 5% | $1,645 | $2,039 | 40 | 57% |
| Mount Clemens | $214,900 | 5% | 8% | $1,528 | $2,835 | 17 | 56% |
| Lake Orion | $399,900 | 4% | 6% | $2,368 | $3,422 | 45 | 54% |
| Redford | $219,900 | 5% | 6% | $1,667 | $2,325 | 236 | 53% |
Vacation Rentals for Sale in michigan
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