Center Line Investment Analysis

Investment Property in Center Line, MI

Center Line, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 146,444

Median

1,023

Avg/Sq.ft.
CASH ON CASH RETURN

7.00%

Traditional

9.00%

Airbnb
NUMBER OF PROPERTIES

14

Investment

163

Airbnb

10

Traditional

59%

Airbnb occupancy rate

Center Line, MI Properties Rental Prices

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Investment Properties for Sale in Center Line, MI

Investment Properties for Sale
$170,000
MLS 20240022772
Center Line
Single Family Residential
3 beds 1 baths 949 sq.ft.
CAP RATE Trad. 6.84% Airbnb 9.88%
Investment Properties for Sale
$175,000
MLS 20240028938
Center Line
Single Family Residential
3 beds 2 baths 945 sq.ft.
CAP RATE Trad. 7.11% Airbnb 9.47%
Investment Properties for Sale
$200,000
MLS 20240022764
Center Line
Single Family Residential
3 beds 2 baths 1,300 sq.ft.
CAP RATE Trad. 7.13% Airbnb 8.25%
Investment Properties for Sale
$185,000
MLS 20240017906
Center Line
Single Family Residential
3 beds 1 baths 1,054 sq.ft.
CAP RATE Trad. 5.42% Airbnb 8.22%
Investment Properties for Sale
$69,900
MLS 24024163
Center Line
Condo/Coop
2 beds 2 baths 1,000 sq.ft.
CAP RATE Trad. 10.11% Airbnb 6.60%
Investment Properties for Sale
$130,000
MLS 24022498
Center Line
Single Family Residential
2 beds 1 baths 888 sq.ft.
CAP RATE Trad. 7.01% Airbnb 6.20%
Investment Properties for Sale
$144,888
MLS 50136771
Center Line
Single Family Residential
2 beds 1 baths 902 sq.ft.
CAP RATE Trad. 6.09% Airbnb 5.60%
Investment Properties for Sale
$129,900
MLS 20240031269
Center Line
Single Family Residential
2 beds 1 baths 897 sq.ft.
CAP RATE Trad. 6.19% Airbnb 5.57%

Single Family Houses for Sale in Center Line, MI

Investment Properties for Sale
$170,000
MLS 20240022772
Center Line
Single Family Residential
3 beds 1 baths 949 sq.ft.
CAP RATE Trad. 6.84% Airbnb 9.88%
Investment Properties for Sale
$175,000
MLS 20240028938
Center Line
Single Family Residential
3 beds 2 baths 945 sq.ft.
CAP RATE Trad. 7.11% Airbnb 9.47%
Investment Properties for Sale
$200,000
MLS 20240022764
Center Line
Single Family Residential
3 beds 2 baths 1,300 sq.ft.
CAP RATE Trad. 7.13% Airbnb 8.25%
Investment Properties for Sale
$185,000
MLS 20240017906
Center Line
Single Family Residential
3 beds 1 baths 1,054 sq.ft.
CAP RATE Trad. 5.42% Airbnb 8.22%

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Airbnb Vacation Rentals in Center Line, MI

Super Cute&Cool Home with 65” New TV & 2 FullBaths
$149 per night Airbnb occupancy rate 71%
House 4 · 2 · 9
Rental Income: $3,216 per month
5
307
Super Cute& Nice Home With 65" TV & New BBQ Grill
$130 per night Airbnb occupancy rate 70%
House 3 · 1 · 7
Rental Income: $2,773 per month
5
235
Super Cute & Quaint Home With HugeBedroom, Grill…
$108 per night Airbnb occupancy rate 74%
House 3 · 1 · 7
Rental Income: $2,430 per month
5
232
Scandinavian Retreat w/ Private Hot Tub - Sleeps 8
$97 per night Airbnb occupancy rate 73%
House 3 · 1 · 8
Rental Income: $2,150 per month
5
232
Mystic Lane in Warren
$175 per night Airbnb occupancy rate 91%
House 3 · 2 · 16
Rental Income: $4,900 per month
5
220
The Little Blue House - Indep. Owned - Fabulous!
$86 per night Airbnb occupancy rate 92%
House 2 · 1 · 6
Rental Income: $2,415 per month
5
214
The Little Hamster - Near Ferndale & RO w/ 2TVs
$121 per night Airbnb occupancy rate 46%
House 2 · 1 · 4
Rental Income: $1,684 per month
5
185
Open Concept Centrally Located in Metro Detroit
$188 per night Airbnb occupancy rate 86%
House 3 · 2 · 10
Rental Income: $4,919 per month
5
154

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 $309,900 5% 7% $2,089 $2,358 13 75%
Wixom $385,000 4% 7% $2,530 $4,200 27 69%
Walled Lake $299,250 4% 7% $2,093 $3,646 24 68%
Farmington $298,000 4% 6% $1,550 $3,420 17 67%
Wyandotte $189,900 5% 7% $1,400 $2,128 41 67%
Trenton $242,500 5% 10% $1,774 $3,802 28 67%
Riverview $189,900 6% 11% $2,297 $3,379 13 67%
Fowlerville $305,000 5% 12% $2,289 $4,833 16 66%
Lincoln Park $148,500 8% 10% $1,373 $2,253 57 60%
Highland $399,000 4% 4% $2,560 $4,214 43 59%
Milford $529,900 4% 5% $3,402 $4,214 49 59%
Haslett $392,450 4% 5% $2,158 $3,355 24 59%
Okemos $449,950 2% 3% $2,000 $3,220 24 59%
Canton $425,000 4% 3% $2,638 $2,977 125 58%
Clinton Township $269,900 5% 4% $2,017 $2,297 129 57%
Mount Clemens $205,000 6% 7% $1,687 $2,598 23 55%
Garden City $199,999 5% 4% $1,636 $1,983 37 54%
Grosse Ile $489,999 3% 4% $2,667 $3,654 23 53%
Redford $209,700 5% 6% $1,695 $2,189 249 52%
Lake Orion $399,900 4% 4% $2,425 $3,273 61 52%
View all michigan cities

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