Wixom Investment Analysis

Investment Property in Wixom, MI

Wixom, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 382,200

Median

1,757

Avg/Sq.ft.
CASH ON CASH RETURN

4.00%

Traditional

5.00%

Airbnb
NUMBER OF PROPERTIES

16

Investment

44

Airbnb

10

Traditional

75%

Airbnb occupancy rate

Wixom, MI Properties Rental Prices

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Investment Properties for Sale in Wixom, MI

Investment Properties for Sale
$92,900
MLS 20230053627
Wixom
Condo/Coop
2 beds 2 baths 1,030 sq.ft.
CAP RATE Trad. 4.65% Airbnb 10.27%
Investment Properties for Sale
$98,000
MLS 20230100095
Wixom
Condo/Coop
2 beds 2 baths 860 sq.ft.
CAP RATE Trad. 4.35% Airbnb 10.12%
Investment Properties for Sale
$200,000
MLS 20230090601
Wixom
Single Family Residential
2 beds 1 baths 856 sq.ft.
CAP RATE Trad. 6.02% Airbnb 7.70%
Investment Properties for Sale
$324,500
MLS 20230091070
Wixom
Single Family Residential
3 beds 2 baths 1,420 sq.ft.
CAP RATE Trad. 4.24% Airbnb 6.95%
Investment Properties for Sale
$445,000
MLS 20230100120
Wixom
Single Family Residential
3 beds 3 baths 1,953 sq.ft.
CAP RATE Trad. 4.15% Airbnb 4.89%
Investment Properties for Sale
$250,000
MLS 20230097254
Wixom
Condo/Coop
2 beds 3 baths 1,294 sq.ft.
CAP RATE Trad. 2.68% Airbnb 3.63%
Investment Properties for Sale
$299,900
MLS 20230095889
Wixom
Condo/Coop
2 beds 3 baths 1,499 sq.ft.
CAP RATE Trad. 2.68% Airbnb 2.90%
Investment Properties for Sale
$312,500
MLS 20230092276
Wixom
Condo/Coop
2 beds 3 baths 1,500 sq.ft.
CAP RATE Trad. 3.51% Airbnb 2.53%

Single Family Houses for Sale in Wixom, MI

Investment Properties for Sale
$200,000
MLS 20230090601
Wixom
Single Family Residential
2 beds 1 baths 856 sq.ft.
CAP RATE Trad. 6.02% Airbnb 7.70%
Investment Properties for Sale
$324,500
MLS 20230091070
Wixom
Single Family Residential
3 beds 2 baths 1,420 sq.ft.
CAP RATE Trad. 4.24% Airbnb 6.95%
Investment Properties for Sale
$445,000
MLS 20230100120
Wixom
Single Family Residential
3 beds 3 baths 1,953 sq.ft.
CAP RATE Trad. 4.15% Airbnb 4.89%
Investment Properties for Sale
$299,900
MLS 20230081374
Wixom
Single Family Residential
1 beds 1 baths 642 sq.ft.
CAP RATE Trad. 0.28% Airbnb 2.16%
Investment Properties for Sale
$439,900
MLS 20230089352
Wixom
Single Family Residential
4 beds 4 baths 2,600 sq.ft.
CAP RATE Trad. 5.57% Airbnb N/A
Investment Properties for Sale
$495,000
MLS 20230089943
Wixom
Single Family Residential
4 beds 3 baths 2,297 sq.ft.
CAP RATE Trad. 5.09% Airbnb N/A
Investment Properties for Sale
$558,618
MLS 20230014999
Wixom
Single Family Residential
4 beds 3 baths 2,619 sq.ft.
CAP RATE Trad. 4.98% Airbnb N/A
Investment Properties for Sale
$555,982
MLS 20230014979
Wixom
Single Family Residential
4 beds 3 baths 2,599 sq.ft.
CAP RATE Trad. 4.90% Airbnb N/A

Condos for Sale in Wixom, MI

Investment Properties for Sale
$92,900
MLS 20230053627
Wixom
Condo/Coop
2 beds 2 baths 1,030 sq.ft.
CAP RATE Trad. 4.65% Airbnb 10.27%
Investment Properties for Sale
$98,000
MLS 20230100095
Wixom
Condo/Coop
2 beds 2 baths 860 sq.ft.
CAP RATE Trad. 4.35% Airbnb 10.12%
Investment Properties for Sale
$250,000
MLS 20230097254
Wixom
Condo/Coop
2 beds 3 baths 1,294 sq.ft.
CAP RATE Trad. 2.68% Airbnb 3.63%
Investment Properties for Sale
$299,900
MLS 20230095889
Wixom
Condo/Coop
2 beds 3 baths 1,499 sq.ft.
CAP RATE Trad. 2.68% Airbnb 2.90%

Top Wixom, MI Neighborhoods - Real Estate Market Analysis

Wixom
PROPERTY PRICE

$498,860

Median for city
CAP RATE

3.90%

Traditional

7.43%

Airbnb
RENTAL INCOME

$ 1,718

Traditional

$ 3,493

Airbnb

61%

Airbnb occupancy rate

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Airbnb Vacation Rentals in Wixom, MI

Kayaks & Coffee 2 in Novi
$169 per night Airbnb occupancy rate 95%
Cottage 3 · 2 · 9
Rental Income: $4,901 per month
5
192
Cute cottage, In Village of Wolverine lake.
$109 per night Airbnb occupancy rate 85%
Cottage 1 · 1.5 · 2
Rental Income: $2,845 per month
5
168
Novi Lakes Studio Cozy & Very Clean Coffee/Treats
$115 per night Airbnb occupancy rate 64%
Guest suite 1 · 1 · 3
Rental Income: $2,254 per month
5
164
Novi Lakes Private Apt
Cozy/Clean/Coffee/Treats
$113 per night Airbnb occupancy rate 58%
Apartment 1 · 1 · 3
Rental Income: $2,011 per month
5
130
Comfortable Walled Lake Home
$110 per night Airbnb occupancy rate 78%
Townhouse 2 · 1.5 · 5
Rental Income: $2,618 per month
5
103
Caroline Cottage
$103 per night Airbnb occupancy rate 77%
House 1 · 1 · 2
Rental Income: $2,421 per month
5
67
Huron River Retreat
$183 per night Airbnb occupancy rate 80%
House 3 · 2 · 6
Rental Income: $4,484 per month
5
53
Cozy home in the heart of Milford Village
$126 per night Airbnb occupancy rate 79%
House 2 · 1 · 6
Rental Income: $3,062 per month
5
35

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 $214,000 5% 10% $1,806 $3,341 15 75%
Riverview $257,450 6% 6% $1,930 $2,516 12 75%
Walled Lake $272,450 4% 6% $2,123 $3,214 26 74%
Lincoln Park $149,995 8% 10% $1,539 $2,360 58 70%
Wyandotte $170,000 4% 5% $1,250 $1,782 31 68%
Trenton $189,900 5% 9% $1,665 $3,174 27 67%
Haslett $512,400 3% 8% $2,405 $4,831 16 67%
Farmington $319,950 4% 6% $1,860 $2,824 12 66%
Garden City $194,950 5% 8% $1,499 $2,603 58 65%
Carleton $364,900 3% 1% $2,486 $1,727 11 65%
Redford $169,900 6% 10% $1,434 $2,705 118 63%
Milford $549,950 3% 7% $2,819 $5,198 38 62%
Highland $400,000 4% 8% $2,342 $4,579 29 61%
Okemos $474,900 3% 6% $2,487 $3,070 23 61%
Traverse City $455,000 4% 7% $2,540 $5,534 327 57%
Clinton Township $239,000 5% 5% $1,791 $2,813 129 57%
Lake Orion $339,900 5% 8% $2,284 $3,894 51 55%
Mount Clemens $185,000 5% 7% $1,467 $2,890 23 53%
Grosse Ile $362,400 4% 6% $2,016 $2,563 20 50%
View all michigan cities

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