Salem Investment Analysis

Investment Property in Salem, MI

Salem, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 435,000

Median

1,920

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

N/A

Airbnb
NUMBER OF PROPERTIES

1

Investment

4

Airbnb

3

Traditional

69%

Airbnb occupancy rate

Salem, MI Properties Rental Prices

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Airbnb Vacation Rentals in Salem, MI

The Loft in Historic Downtown Northville
$117 per night Airbnb occupancy rate 59%
Loft 0 · 1 · 2
Rental Income: $2,116 per month
5
122
**Luxury** - Newly Renovated 3 BR Oasis - Canton/Plymouth/Ann Arbor
$143 per night Airbnb occupancy rate 72%
House 3 · 1 · 8
Rental Income: $3,158 per month
5
97
Cheerful 2-bedroom with 3 min walk to town
$146 per night Airbnb occupancy rate 73%
Townhouse 2 · 1 · 4
Rental Income: $3,261 per month
5
77
Luxurious & Peaceful 2BD in Novi
$152 per night Airbnb occupancy rate 75%
Apartment 2 · 1 · 6
Rental Income: $3,471 per month
5
47
*Pet Friendly Home
 - $0 cleaning fee
$120 per night Airbnb occupancy rate 50%
House 2 · 2 · 4
Rental Income: $1,833 per month
5
13

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 $380,000 4% 6% $2,428 $3,433 49 69%
Wixom $494,950 4% 5% $2,671 $3,960 22 69%
Riverview $189,900 6% 11% $1,953 $3,012 11 68%
Newport $299,900 6% 5% $2,414 $2,726 15 66%
Farmington $297,450 3% 5% $1,608 $2,862 14 65%
Wyandotte $200,000 4% 5% $1,460 $1,833 27 64%
Trenton $189,900 4% 10% $1,383 $3,087 15 64%
Canton $406,250 3% 4% $2,527 $3,835 76 63%
Lincoln Park $149,950 7% 9% $1,405 $2,001 46 62%
Haslett $457,450 3% 5% $2,305 $3,493 16 60%
Okemos $449,900 3% 4% $2,341 $3,110 27 60%
Milford $567,450 4% 4% $3,099 $4,249 38 59%
Garden City $189,900 6% 6% $1,451 $2,011 25 58%
Highland $339,800 4% 8% $2,236 $4,079 17 56%
Clinton Township $269,900 4% 4% $1,883 $2,695 97 55%
Mount Clemens $210,000 5% 7% $1,425 $2,434 15 54%
Traverse City $459,000 3% 6% $2,420 $4,408 304 51%
Redford $237,350 5% 5% $1,660 $2,552 208 51%
Lake Orion $397,450 4% 6% $2,264 $3,452 44 51%
White Lake $399,900 4% 4% $2,483 $2,575 34 50%
View all michigan cities

Vacation Rentals for Sale in michigan

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