Grand Marais Investment Analysis
Investment Property in Grand Marais, MI
Grand Marais, MI Real Estate Investment Performance
$ 449,900
Median
1,290
Avg/Sq.ft.
1.00%
Traditional
4.00%
Airbnb
8
Investment
34
Airbnb
N/A
Traditional
56%
Airbnb occupancy rate
Grand Marais, MI Properties Rental Prices
Predict Short-Term Rental Revenue
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Investment Properties for Sale in Grand Marais, MI
$399,900
MLS 24-166
Single Family Residential
CAP RATE
Trad.
3.53%
Airbnb
7.87%
$329,900
MLS 24-359
Single Family Residential
CAP RATE
Trad.
1.32%
Airbnb
5.04%
$499,900
MLS 24-170
Single Family Residential
CAP RATE
Trad.
1.09%
Airbnb
2.90%
$875,000
MLS 22-647
Single Family Residential
CAP RATE
Trad.
0.87%
Airbnb
1.52%
Single Family Houses for Sale in Grand Marais, MI
$399,900
MLS 24-166
Single Family Residential
CAP RATE
Trad.
3.53%
Airbnb
7.87%
$329,900
MLS 24-359
Single Family Residential
CAP RATE
Trad.
1.32%
Airbnb
5.04%
$499,900
MLS 24-170
Single Family Residential
CAP RATE
Trad.
1.09%
Airbnb
2.90%
$875,000
MLS 22-647
Single Family Residential
CAP RATE
Trad.
0.87%
Airbnb
1.52%
Popular Blog Posts
Popular Airbnb Topics
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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 Grand Marais, MI
$110 per night
Airbnb occupancy rate 64%
Cabin 0 · 0 · 2
Rental Income: $2,145 per month
275
$375 per night
Airbnb occupancy rate 66%
House 3 · 3 · 8
Rental Income: $7,594 per month
196
$200 per night
Airbnb occupancy rate 81%
Guesthouse 3 · 1 · 6
Rental Income: $4,917 per month
138
$200 per night
Airbnb occupancy rate 34%
Cabin 3 · 1 · 9
Rental Income: $2,050 per month
110
$153 per night
Airbnb occupancy rate 80%
Cottage 2 · 1 · 6
Rental Income: $3,710 per month
87
$158 per night
Airbnb occupancy rate 91%
Cottage 1 · 1 · 4
Rental Income: $4,398 per month
82
$201 per night
Airbnb occupancy rate 99%
Guesthouse 1 · 1 · 2
Rental Income: $6,064 per month
81
$181 per night
Airbnb occupancy rate 84%
Cottage 2 · 1 · 6
Rental Income: $4,646 per month
72
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% | $1,382 | $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% | $2,028 | $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% |
Vacation Rentals for Sale in michigan
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