Walled Lake Investment Analysis

Investment Property in Walled Lake, MI

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Walled Lake, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 300,000

Median

1,638

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

1.00%

Airbnb
NUMBER OF PROPERTIES

40

Investment

25

Airbnb

55

Traditional

33%

Airbnb occupancy rate

Walled Lake, MI Properties Rental Prices

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Top Walled Lake, MI Neighborhoods - Real Estate Market Analysis

Walled Lake
PROPERTY PRICE

$269,900

Median for city
CAP RATE

3.83%

Traditional

7.10%

Airbnb
RENTAL INCOME

$ 1,615

Traditional

$ 3,513

Airbnb

55%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Walled Lake, MI

Kayaks & Coffee 2 in Novi
$179 per night Airbnb occupancy rate 26%
Entire cottage 3 · 2 · 9
Rental Income: $1,417 per month
4.63
248
Novi Lakes Studio Cozy & Very Clean Coffee/Treats
$116 per night Airbnb occupancy rate 14%
Guest suite 1 · 1 · 3
Rental Income: $503 per month
4.94
239
Kayaks & Coffee in Novi
$186 per night Airbnb occupancy rate 29%
Entire cottage 2 · 1 · 6
Rental Income: $1,659 per month
4.66
222
Alpha Bed and Breakfast
N/A Airbnb occupancy rate 59%
Apartment 2 · 1 · 5
Rental Income: N/A per month
4.88
190
Corporate, insurance or family vacation in Wolveri
$111 per night Airbnb occupancy rate 34%
Entire cottage 1 · 1.5 · 2
Rental Income: $1,156 per month
4.98
187
Novi Lakes Private Apt
Cozy/Clean/Coffee/Treats
$109 per night Airbnb occupancy rate 28%
Apartment 1 · 1 · 3
Rental Income: $936 per month
4.92
185
Novi Lakes Home Very Clean/Cozy Coffee & Treats
$147 per night Airbnb occupancy rate 28%
House 1 · 2 · 6
Rental Income: $1,274 per month
4.95
179
Omega Bed and Breakfast
N/A Airbnb occupancy rate 65%
Tiny house 1 · 1 · 4
Rental Income: N/A per month
4.92
166

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
Traverse City $549,900 3% 1% $2,415 $1,809 433 24%
Clinton Township $269,900 5% 1% $2,054 $1,529 178 25%
Redford $219,900 4% 1% $1,400 $1,245 123 27%
Lincoln Park $169,900 7% 1% $1,536 $1,036 107 22%
View all michigan cities

Vacation Rentals for Sale in michigan

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