Erie Investment Analysis

Investment Property in Erie, MI

Erie, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 169,200

Median

1,274

Avg/Sq.ft.
CASH ON CASH RETURN

5.00%

Traditional

9.00%

Airbnb
NUMBER OF PROPERTIES

3

Investment

22

Airbnb

N/A

Traditional

54%

Airbnb occupancy rate

Erie, MI Properties Rental Prices

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Airbnb Vacation Rentals in Erie, MI

Modern cottage on the lake w/ 2 kayaks & game room
$154 per night Airbnb occupancy rate 55%
Cottage 2 · 1 · 5
Rental Income: $2,592 per month
5
366
1)Lake Chalet/Pool /HotTub $99+Specials
$151 per night Airbnb occupancy rate 84%
Cottage 3 · 2 · 8
Rental Income: $3,851 per month
5
334
Mrs B’s Nest! Country life w/city convenience
$80 per night Airbnb occupancy rate 82%
House 3 · 2 · 6
Rental Income: $2,007 per month
5
210
4) Lakefront /POOL/ $99+Specials
$122 per night Airbnb occupancy rate 78%
House 1 · 1 · 4
Rental Income: $2,918 per month
5
154
5) Lake House/Pool/HotTub/ $99 +Specials!
$159 per night Airbnb occupancy rate 79%
House 3 · 2.5 · 6
Rental Income: $3,816 per month
5
128
Actual Pretty Boy Floyd's Hideout - Lake Erie, MI
$163 per night Airbnb occupancy rate 47%
House 2 · 1 · 4
Rental Income: $2,350 per month
5
91
Halfway Creek Cottage with Lake Erie access
$91 per night Airbnb occupancy rate 65%
House 1 · 1 · 5
Rental Income: $1,809 per month
5
49
February Special! Home near the beach w/golf cart
$194 per night Airbnb occupancy rate 52%
House 1 · 1 · 5
Rental Income: $3,056 per month
5
40

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 $304,900 5% 7% $2,089 $2,358 13 75%
Wixom $439,950 4% 7% $2,568 $4,200 28 69%
Walled Lake $300,000 4% 7% $2,182 $3,646 27 68%
Farmington $293,950 4% 6% $1,517 $3,420 16 67%
Wyandotte $184,900 5% 7% $1,408 $2,128 45 67%
Trenton $247,450 5% 9% $1,774 $3,802 30 67%
Riverview $212,450 6% 9% $2,305 $3,379 16 67%
Fowlerville $300,000 5% 12% $2,297 $4,833 17 66%
Lincoln Park $148,750 8% 9% $1,386 $2,253 60 60%
Highland $439,900 3% 4% $2,574 $4,214 45 59%
Milford $529,900 4% 5% $3,402 $4,214 49 59%
Haslett $397,000 4% 5% $2,200 $3,355 24 59%
Okemos $479,950 2% 3% $2,127 $3,423 22 59%
Canton $432,000 4% 4% $2,710 $2,977 131 58%
Clinton Township $260,000 5% 4% $2,041 $2,297 129 57%
Mount Clemens $197,450 6% 7% $1,691 $2,582 22 55%
Garden City $204,900 5% 4% $1,646 $1,983 39 54%
Grosse Ile $477,450 3% 4% $2,655 $3,654 24 53%
Redford $209,850 5% 6% $1,700 $2,189 248 52%
Lake Orion $404,900 4% 4% $2,397 $3,273 63 52%
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Vacation Rentals for Sale in michigan

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