Garden City Investment Analysis

Investment Property in Garden City, MI

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Garden City, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 194,500

Median

1,256

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

5.00%

Airbnb
NUMBER OF PROPERTIES

49

Investment

71

Airbnb

32

Traditional

52%

Airbnb occupancy rate

Garden City, MI Properties Rental Prices

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Investment Properties for Sale in Garden City, MI

Investment Properties for Sale
$120,000
MLS 24046468
Garden City
Single Family Residential
3 beds 1 baths 1,040 sq.ft.
CAP RATE Trad. 9.81% Airbnb 10.25%
Investment Properties for Sale
$195,000
MLS 24046011
Garden City
Single Family Residential
4 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 5.39% Airbnb 9.45%
Investment Properties for Sale
$120,000
MLS 20240042890
Garden City
Single Family Residential
2 beds 1 baths 716 sq.ft.
CAP RATE Trad. 7.84% Airbnb 9.00%
Investment Properties for Sale
$149,900
MLS 20240084903
Garden City
Single Family Residential
3 beds 1 baths 952 sq.ft.
CAP RATE Trad. 8.47% Airbnb 8.68%
Investment Properties for Sale
$149,000
MLS 20240065890
Garden City
Single Family Residential
3 beds 1 baths 1,013 sq.ft.
CAP RATE Trad. 7.95% Airbnb 8.05%
Investment Properties for Sale
$149,900
MLS 20240066581
Garden City
Single Family Residential
3 beds 1 baths 864 sq.ft.
CAP RATE Trad. 7.64% Airbnb 8.00%
Investment Properties for Sale
$140,000
MLS 20240075698
Garden City
Single Family Residential
2 beds 1 baths 696 sq.ft.
CAP RATE Trad. 7.18% Airbnb 7.81%
Investment Properties for Sale
$160,000
MLS 20240056492
Garden City
Single Family Residential
3 beds 1 baths 1,275 sq.ft.
CAP RATE Trad. 6.75% Airbnb 7.71%

Single Family Houses for Sale in Garden City, MI

Investment Properties for Sale
$120,000
MLS 24046468
Garden City
Single Family Residential
3 beds 1 baths 1,040 sq.ft.
CAP RATE Trad. 9.81% Airbnb 10.25%
Investment Properties for Sale
$195,000
MLS 24046011
Garden City
Single Family Residential
4 beds 1 baths 1,000 sq.ft.
CAP RATE Trad. 5.39% Airbnb 9.45%
Investment Properties for Sale
$120,000
MLS 20240042890
Garden City
Single Family Residential
2 beds 1 baths 716 sq.ft.
CAP RATE Trad. 7.84% Airbnb 9.00%
Investment Properties for Sale
$149,900
MLS 20240084903
Garden City
Single Family Residential
3 beds 1 baths 952 sq.ft.
CAP RATE Trad. 8.47% Airbnb 8.68%
Investment Properties for Sale
$149,000
MLS 20240065890
Garden City
Single Family Residential
3 beds 1 baths 1,013 sq.ft.
CAP RATE Trad. 7.95% Airbnb 8.05%
Investment Properties for Sale
$149,900
MLS 20240066581
Garden City
Single Family Residential
3 beds 1 baths 864 sq.ft.
CAP RATE Trad. 7.64% Airbnb 8.00%
Investment Properties for Sale
$140,000
MLS 20240075698
Garden City
Single Family Residential
2 beds 1 baths 696 sq.ft.
CAP RATE Trad. 7.18% Airbnb 7.81%
Investment Properties for Sale
$160,000
MLS 20240056492
Garden City
Single Family Residential
3 beds 1 baths 1,275 sq.ft.
CAP RATE Trad. 6.75% Airbnb 7.71%

Top Garden City, MI Neighborhoods - Real Estate Market Analysis

Garden City
PROPERTY PRICE

$165,000

Median for city
CAP RATE

5.96%

Traditional

5.14%

Airbnb
RENTAL INCOME

$ 1,247

Traditional

$ 1,783

Airbnb

45%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Garden City, MI

Tranquil Ranch Near Detroit & AA
$103 per night Airbnb occupancy rate 58%
House 2 · 1 · 6
Rental Income: $1,841 per month
4.73
40
Charmer - close to DTW airport, Dearborn, Detroit
$136 per night Airbnb occupancy rate 69%
House 3 · 1 · 5
Rental Income: $2,841 per month
4.72
29
Chic 3BR Casa in Livonia
$154 per night Airbnb occupancy rate 59%
House 3 · 1 · 6
Rental Income: $2,794 per month
5
28
4 Bedroom 2.5 bath-Sleeps 8+ Near it all- Ford/Tel
$199 per night Airbnb occupancy rate 67%
House 4 · 2 · 9
Rental Income: $4,065 per month
4.92
26
2Cozy
$95 per night Airbnb occupancy rate 62%
House 2 · 1 · 4
Rental Income: $1,793 per month
4.92
25
Cozy Apartment Getaway
$82 per night Airbnb occupancy rate 64%
Apartment 1 · 1 · 4
Rental Income: $1,607 per month
4.96
25
King Bed*Private Home*
$90 per night Airbnb occupancy rate 81%
House 3 · 1 · 8
Rental Income: $2,239 per month
4.79
24
Game Time 3bed, 1bath house
$136 per night Airbnb occupancy rate 74%
House 3 · 1 · 6
Rental Income: $3,087 per month
5
23

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
Redford $190,000 8% 8% $1,873 $2,832 231 59%
Clinton Township $267,450 5% 6% $2,241 $2,965 158 65%
Lincoln Park $151,500 8% 12% $1,575 $2,882 64 54%
View all michigan cities

Vacation Rentals for Sale in michigan

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