Romulus Investment Analysis
Investment Property in Romulus, MI
Romulus, MI Real Estate Investment Performance
$ 249,000
Median
1,599
Avg/Sq.ft.
5.00%
Traditional
5.00%
Airbnb
35
Investment
19
Airbnb
13
Traditional
53%
Airbnb occupancy rate
Romulus, MI Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Romulus, MI
$285,000
MLS 24021964
Single Family Residential
CAP RATE
Trad.
4.41%
Airbnb
9.83%
$129,000
MLS 20240019161
Single Family Residential
CAP RATE
Trad.
7.27%
Airbnb
9.47%
$139,900
MLS 20240029503
Single Family Residential
CAP RATE
Trad.
7.83%
Airbnb
7.82%
$139,900
MLS 24004006
Single Family Residential
CAP RATE
Trad.
7.73%
Airbnb
7.29%
$154,900
MLS 20240036634
Single Family Residential
CAP RATE
Trad.
9.66%
Airbnb
6.90%
$467,114
MLS 20240003798
Single Family Residential
CAP RATE
Trad.
4.02%
Airbnb
6.33%
$162,000
MLS 20240033971
Single Family Residential
CAP RATE
Trad.
8.05%
Airbnb
6.45%
$405,000
MLS 24003728
Single Family Residential
CAP RATE
Trad.
3.48%
Airbnb
6.20%
Single Family Houses for Sale in Romulus, MI
$285,000
MLS 24021964
Single Family Residential
CAP RATE
Trad.
4.41%
Airbnb
9.83%
$129,000
MLS 20240019161
Single Family Residential
CAP RATE
Trad.
7.27%
Airbnb
9.47%
$139,900
MLS 20240029503
Single Family Residential
CAP RATE
Trad.
7.83%
Airbnb
7.82%
$139,900
MLS 24004006
Single Family Residential
CAP RATE
Trad.
7.73%
Airbnb
7.29%
$154,900
MLS 20240036634
Single Family Residential
CAP RATE
Trad.
9.66%
Airbnb
6.90%
$467,114
MLS 20240003798
Single Family Residential
CAP RATE
Trad.
4.02%
Airbnb
6.33%
$162,000
MLS 20240033971
Single Family Residential
CAP RATE
Trad.
8.05%
Airbnb
6.45%
$405,000
MLS 24003728
Single Family Residential
CAP RATE
Trad.
3.48%
Airbnb
6.20%
Popular Blog Posts
Popular Airbnb Topics
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Vacation Rental Marketing: How to Boost Bookings with 21 Actionable Tips
Mar 27 2024
, by Daniela Andreevska
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The Ultimate Guide to Airbnb Amenities: Elevating Guest Experience
Mar 26 2024
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Best Short Term Rental Markets
Find great vacation rentals for sale in the top performing markets
Short Term Rentals For SaleAirbnb Vacation Rentals in Romulus, MI
$128 per night
Airbnb occupancy rate 86%
House 3 · 1 · 6
Rental Income: $3,360 per month
133
$109 per night
Airbnb occupancy rate 74%
House 2 · 1 · 7
Rental Income: $2,453 per month
118
$87 per night
Airbnb occupancy rate 95%
Guest suite 1 · 1 · 3
Rental Income: $2,509 per month
91
$105 per night
Airbnb occupancy rate 93%
House 3 · 2 · 6
Rental Income: $2,975 per month
60
$95 per night
Airbnb occupancy rate 73%
House 3 · 1 · 4
Rental Income: $2,130 per month
60
$170 per night
Airbnb occupancy rate 53%
House 3 · 1 · 7
Rental Income: $2,766 per month
31
$70 per night
Airbnb occupancy rate 43%
House 2 · 1 · 3
Rental Income: $910 per month
27
$128 per night
Airbnb occupancy rate 66%
House 4 · 1 · 8
Rental Income: $2,592 per month
26
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 | $299,000 | 5% | 5% | $1,928 | $2,266 | 19 | 75% |
| Walled Lake | $314,900 | 4% | 6% | $2,313 | $3,235 | 33 | 72% |
| Wixom | $408,888 | 4% | 7% | $2,614 | $4,200 | 33 | 72% |
| Trenton | $249,900 | 5% | 9% | $1,825 | $3,817 | 29 | 71% |
| Riverview | $212,450 | 6% | 9% | $2,512 | $3,420 | 14 | 70% |
| Farmington | $307,450 | 4% | 6% | $1,582 | $2,661 | 14 | 68% |
| Wyandotte | $175,000 | 5% | 7% | $1,447 | $2,128 | 43 | 67% |
| Grosse Ile | $457,450 | 4% | 10% | $2,729 | $3,878 | 24 | 66% |
| Milford | $499,900 | 4% | 5% | $3,366 | $4,214 | 51 | 65% |
| Lincoln Park | $145,000 | 7% | 11% | $1,394 | $2,550 | 62 | 64% |
| Fowlerville | $310,000 | 5% | 6% | $2,302 | $1,691 | 17 | 62% |
| Highland | $444,950 | 4% | 4% | $2,611 | $4,214 | 40 | 61% |
| Haslett | $424,900 | 3% | 5% | $2,492 | $3,407 | 21 | 60% |
| Okemos | $470,000 | 3% | 3% | $2,502 | $3,283 | 27 | 59% |
| Mount Clemens | $194,500 | 6% | 7% | $1,629 | $2,664 | 26 | 57% |
| Clinton Township | $260,000 | 5% | 4% | $2,096 | $2,338 | 136 | 57% |
| Lake Orion | $475,000 | 4% | 5% | $2,569 | $3,342 | 60 | 55% |
| Garden City | $209,950 | 5% | 4% | $1,670 | $1,941 | 38 | 54% |
| Traverse City | $489,900 | 3% | 6% | $2,478 | $5,049 | 380 | 51% |
| Redford | $204,000 | 6% | 6% | $1,711 | $2,581 | 249 | 50% |
Vacation Rentals for Sale in michigan
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