Salem Investment Analysis
Investment Property in Salem, MI
Salem, MI Real Estate Investment Performance
$ 1,040,000
Median
2,430
Avg/Sq.ft.
1.00%
Traditional
N/A
Airbnb
1
Investment
18
Airbnb
2
Traditional
58%
Airbnb occupancy rate
Salem, MI Properties Rental Prices
Predict Short-Term Rental Revenue
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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 Salem, MI
$77 per night
Airbnb occupancy rate 70%
Loft 0 · 1 · 4
Rental Income: $1,649 per month
262
$84 per night
Airbnb occupancy rate 69%
Apartment 0 · 1 · 3
Rental Income: $1,771 per month
208
$106 per night
Airbnb occupancy rate 87%
House 1 · 1 · 2
Rental Income: $2,818 per month
191
$263 per night
Airbnb occupancy rate 47%
House 4 · 2.5 · 6
Rental Income: $3,792 per month
140
$86 per night
Airbnb occupancy rate 65%
Guest suite 2 · 1 · 6
Rental Income: $1,713 per month
137
$103 per night
Airbnb occupancy rate 56%
House 2 · 1 · 5
Rental Income: $1,760 per month
108
$99 per night
Airbnb occupancy rate 77%
Apartment 1 · 1 · 2
Rental Income: $2,318 per month
90
$93 per night
Airbnb occupancy rate 57%
Apartment 2 · 1 · 4
Rental Income: $1,602 per month
69
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 | $308,450 | 5% | 7% | $2,202 | $3,037 | 14 | 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 | $395,000 | 4% | 6% | $2,512 | $3,240 | 77 | 67% |
| Wyandotte | $195,000 | 4% | 5% | $1,456 | $2,025 | 41 | 66% |
| Fowlerville | $330,000 | 5% | 15% | $2,410 | $4,833 | 12 | 66% |
| Grosse Ile | $499,450 | 3% | 15% | $2,655 | $3,847 | 20 | 65% |
| Lincoln Park | $149,900 | 7% | 10% | $1,348 | $2,436 | 53 | 63% |
| Farmington | $229,000 | 4% | 6% | $1,478 | $3,193 | 15 | 63% |
| Milford | $527,450 | 4% | 5% | $3,320 | $4,135 | 50 | 63% |
| Haslett | $359,900 | 3% | 7% | $1,895 | $3,244 | 19 | 59% |
| Okemos | $426,950 | 3% | 3% | $2,317 | $2,992 | 32 | 59% |
| Clinton Township | $260,000 | 5% | 5% | $1,946 | $2,538 | 104 | 59% |
| Canton | $419,950 | 4% | 4% | $2,601 | $3,481 | 118 | 59% |
| Highland | $524,900 | 3% | 8% | $2,644 | $4,135 | 33 | 58% |
| Garden City | $199,950 | 5% | 5% | $1,640 | $2,039 | 42 | 57% |
| Mount Clemens | $205,000 | 5% | 8% | $1,498 | $2,464 | 15 | 56% |
| Redford | $219,900 | 5% | 6% | $1,661 | $2,325 | 238 | 53% |
| Lake Orion | $399,900 | 4% | 6% | $2,368 | $3,422 | 45 | 53% |
Vacation Rentals for Sale in michigan
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