Westland Investment Analysis

Investment Property in Westland, MI

Westland, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 205,000

Median

1,271

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

6.00%

Airbnb
NUMBER OF PROPERTIES

85

Investment

80

Airbnb

51

Traditional

60%

Airbnb occupancy rate

Westland, MI Properties Rental Prices

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Investment Properties for Sale in Westland, MI

Investment Properties for Sale
$135,000
MLS 24007513
Westland
Single Family Residential
3 beds 1 baths 1,058 sq.ft.
CAP RATE Trad. 6.38% Airbnb 10.20%
Investment Properties for Sale
$94,900
MLS 20221060519
Westland
Single Family Residential
2 beds 1 baths 1,026 sq.ft.
CAP RATE Trad. 10.34% Airbnb 10.29%
Investment Properties for Sale
$150,000
MLS 20240014265
Westland
Single Family Residential
3 beds 1 baths 1,680 sq.ft.
CAP RATE Trad. 7.93% Airbnb 9.99%
Investment Properties for Sale
$109,999
MLS 24004348
Westland
Single Family Residential
2 beds 1 baths 834 sq.ft.
CAP RATE Trad. 7.91% Airbnb 9.76%
Investment Properties for Sale
$155,000
MLS 20230095222
Westland
Single Family Residential
3 beds 2 baths 1,119 sq.ft.
CAP RATE Trad. 8.71% Airbnb 9.28%
Investment Properties for Sale
$168,500
MLS 24012647
Westland
Single Family Residential
3 beds 1 baths 1,066 sq.ft.
CAP RATE Trad. 7.17% Airbnb 9.14%
Investment Properties for Sale
$139,900
MLS 50085128
Westland
Condo/Coop
3 beds 2 baths 1,031 sq.ft.
CAP RATE Trad. 6.30% Airbnb 9.18%
Investment Properties for Sale
$169,900
MLS 20240014334
Westland
Single Family Residential
3 beds 1 baths 1,200 sq.ft.
CAP RATE Trad. 6.32% Airbnb 8.99%

Single Family Houses for Sale in Westland, MI

Investment Properties for Sale
$135,000
MLS 24007513
Westland
Single Family Residential
3 beds 1 baths 1,058 sq.ft.
CAP RATE Trad. 6.38% Airbnb 10.20%
Investment Properties for Sale
$94,900
MLS 20221060519
Westland
Single Family Residential
2 beds 1 baths 1,026 sq.ft.
CAP RATE Trad. 10.34% Airbnb 10.29%
Investment Properties for Sale
$150,000
MLS 20240014265
Westland
Single Family Residential
3 beds 1 baths 1,680 sq.ft.
CAP RATE Trad. 7.93% Airbnb 9.99%
Investment Properties for Sale
$109,999
MLS 24004348
Westland
Single Family Residential
2 beds 1 baths 834 sq.ft.
CAP RATE Trad. 7.91% Airbnb 9.76%
Investment Properties for Sale
$155,000
MLS 20230095222
Westland
Single Family Residential
3 beds 2 baths 1,119 sq.ft.
CAP RATE Trad. 8.71% Airbnb 9.28%
Investment Properties for Sale
$168,500
MLS 24012647
Westland
Single Family Residential
3 beds 1 baths 1,066 sq.ft.
CAP RATE Trad. 7.17% Airbnb 9.14%
Investment Properties for Sale
$169,900
MLS 20240014334
Westland
Single Family Residential
3 beds 1 baths 1,200 sq.ft.
CAP RATE Trad. 6.32% Airbnb 8.99%
Investment Properties for Sale
$350,000
MLS 20240023888
Westland
Single Family Residential
4 beds 3 baths 2,292 sq.ft.
CAP RATE Trad. 5.88% Airbnb 8.71%

Condos for Sale in Westland, MI

Investment Properties for Sale
$139,900
MLS 50085128
Westland
Condo/Coop
3 beds 2 baths 1,031 sq.ft.
CAP RATE Trad. 6.30% Airbnb 9.18%
Investment Properties for Sale
$99,900
MLS 20240021470
Westland
Condo/Coop
1 beds 1 baths 817 sq.ft.
CAP RATE Trad. 4.24% Airbnb 7.83%
Investment Properties for Sale
$119,900
MLS 24006901
Westland
Condo/Coop
2 beds 1 baths 918 sq.ft.
CAP RATE Trad. 5.73% Airbnb 6.60%
Investment Properties for Sale
$159,900
MLS 24010875
Westland
Condo/Coop
2 beds 2 baths 1,104 sq.ft.
CAP RATE Trad. 6.93% Airbnb 5.86%
Investment Properties for Sale
$135,000
MLS 20240019611
Westland
Condo/Coop
2 beds 2 baths 955 sq.ft.
CAP RATE Trad. 6.38% Airbnb 5.58%
Investment Properties for Sale
$225,000
MLS 24000473
Westland
Condo/Coop
3 beds 2 baths 1,393 sq.ft.
CAP RATE Trad. 4.38% Airbnb 5.18%
Investment Properties for Sale
$129,700
MLS 20240017618
Westland
Condo/Coop
2 beds 2 baths 985 sq.ft.
CAP RATE Trad. 4.85% Airbnb 5.15%
Investment Properties for Sale
$140,000
MLS 20240012883
Westland
Condo/Coop
2 beds 2 baths 780 sq.ft.
CAP RATE Trad. 4.64% Airbnb 5.04%

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Airbnb Vacation Rentals in Westland, MI

Delightful, Cozy Upper Flat - Plymouth, MI
$122 per night Airbnb occupancy rate 83%
Apartment 2 · 1 · 3
Rental Income: $3,091 per month
5
177
★ 5min To Kellogg Park ★ Plymouth ★ Parking ★W/D 8
$140 per night Airbnb occupancy rate 42%
Townhouse 2 · 1 · 8
Rental Income: $1,785 per month
5
169
Peaceful, updated, private Plymouth retreat - 4bd
$207 per night Airbnb occupancy rate 93%
House 4 · 1.5 · 8
Rental Income: $5,848 per month
5
158
Modern meets Elegance in this 3 bedroom home.
$150 per night Airbnb occupancy rate 74%
House 3 · 2 · 6
Rental Income: $3,400 per month
5
120
Quiet 2 Bedroom Home in Westland
$89 per night Airbnb occupancy rate 63%
House 2 · 1 · 5
Rental Income: $1,721 per month
5
113
Modern Couple’s Retreat in Old Town Plymouth
$103 per night Airbnb occupancy rate 80%
House 1 · 1 · 2
Rental Income: $2,506 per month
5
101
**Luxury** - Newly Renovated 3 BR Oasis - Canton/Plymouth/Ann Arbor
$143 per night Airbnb occupancy rate 73%
House 3 · 1 · 8
Rental Income: $3,194 per month
5
99
New! Plymouth
$96 per night Airbnb occupancy rate 46%
Apartment 1 · 1 · 2
Rental Income: $1,360 per month
5
98

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%
View all michigan cities

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