Honor Investment Analysis

Investment Property in Honor, MI

Honor, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 277,000

Median

1,744

Avg/Sq.ft.
CASH ON CASH RETURN

3.00%

Traditional

8.00%

Airbnb
NUMBER OF PROPERTIES

4

Investment

53

Airbnb

N/A

Traditional

54%

Airbnb occupancy rate

Honor, MI Properties Rental Prices

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Airbnb Vacation Rentals in Honor, MI

Lemon Drop Cottage
$111 per night Airbnb occupancy rate 77%
Cottage 2 · 1 · 4
Rental Income: $2,609 per month
5
241
Little Platte Cabin Near Sleeping Bear Dunes NL
$148 per night Airbnb occupancy rate 67%
Cottage 2 · 1 · 5
Rental Income: $3,022 per month
5
184
Platte Valley Hollow, LLC
$87 per night Airbnb occupancy rate 54%
Loft 0 · 1 · 4
Rental Income: $1,421 per month
5
133
Secret getaway
$100 per night Airbnb occupancy rate 89%
Guesthouse 2 · 1 · 4
Rental Income: $2,708 per month
5
129
Platte Lake  Cottage
$267 per night Airbnb occupancy rate 73%
Cottage 3 · 2 · 8
Rental Income: $5,985 per month
5
110
NW Michigan house w/ lake & woods
$215 per night Airbnb occupancy rate 59%
House 4 · 3 · 10
Rental Income: $3,888 per month
5
108
Hillside Haven - On 10 acres located near Lake MI.
$147 per night Airbnb occupancy rate 73%
House 2 · 1 · 6
Rental Income: $3,259 per month
5
103
HC’s Cottage- c. 1896 Renovated Cottage
$193 per night Airbnb occupancy rate 69%
Cottage 2 · 1 · 10
Rental Income: $4,053 per month
5
99

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 $303,700 5% 6% $1,951 $2,258 14 75%
Trenton $249,950 5% 8% $1,774 $3,817 32 71%
Riverview $212,450 6% 9% $2,361 $3,420 16 70%
Wixom $494,900 4% 7% $2,616 $4,200 29 69%
Farmington $293,950 4% 6% $1,582 $3,477 16 68%
Walled Lake $300,000 4% 7% $2,131 $3,646 27 68%
Grosse Ile $477,450 3% 7% $2,781 $3,878 24 66%
Fowlerville $300,000 5% 12% $2,302 $4,833 17 66%
Lincoln Park $145,900 8% 10% $1,398 $2,253 61 64%
Haslett $399,000 3% 5% $2,334 $3,407 23 60%
Highland $429,900 4% 4% $2,611 $4,214 44 59%
Milford $539,950 4% 5% $3,437 $4,214 50 59%
Okemos $479,950 2% 3% $2,209 $3,423 22 59%
Canton $432,000 4% 4% $2,730 $3,540 131 59%
Mount Clemens $180,000 6% 7% $1,693 $2,582 23 57%
Clinton Township $257,500 5% 4% $2,053 $2,338 131 57%
Lake Orion $404,900 4% 5% $2,520 $3,342 61 55%
Garden City $204,900 5% 4% $1,646 $1,941 41 54%
Redford $209,000 6% 6% $1,728 $2,581 249 51%
White Lake $422,500 5% 4% $2,960 $2,775 58 49%
View all michigan cities

Vacation Rentals for Sale in michigan

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