Hazel Park Investment Analysis

Investment Property in Hazel Park, MI

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Hazel Park, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 179,900

Median

1,174

Avg/Sq.ft.
CASH ON CASH RETURN

6.00%

Traditional

3.00%

Airbnb
NUMBER OF PROPERTIES

48

Investment

36

Airbnb

55

Traditional

46%

Airbnb occupancy rate

Hazel Park, MI Properties Rental Prices

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Investment Properties for Sale in Hazel Park, MI

Investment Properties for Sale
$89,900
MLS 50162330
Hazel Park
Single Family Residential
2 beds 1 baths 716 sq.ft.
CAP RATE Trad. 11.22% Airbnb 7.85%
Investment Properties for Sale
$129,000
MLS 20240090054
Hazel Park
Single Family Residential
3 beds 1 baths 793 sq.ft.
CAP RATE Trad. 8.17% Airbnb 5.12%
Investment Properties for Sale
$125,000
MLS 50162212
Hazel Park
Single Family Residential
2 beds 1 baths 800 sq.ft.
CAP RATE Trad. 8.74% Airbnb 5.10%
Investment Properties for Sale
$125,000
MLS 20240068903
Hazel Park
Single Family Residential
2 beds 1 baths 681 sq.ft.
CAP RATE Trad. 7.92% Airbnb 4.88%
Investment Properties for Sale
$139,900
MLS 20240055072
Hazel Park
Single Family Residential
2 beds 1 baths 591 sq.ft.
CAP RATE Trad. 6.89% Airbnb 4.80%
Investment Properties for Sale
$123,000
MLS 20240070790
Hazel Park
Single Family Residential
2 beds 1 baths 1,051 sq.ft.
CAP RATE Trad. 10.08% Airbnb 4.76%
Investment Properties for Sale
$125,000
MLS 20240086549
Hazel Park
Single Family Residential
2 beds 1 baths 750 sq.ft.
CAP RATE Trad. 7.68% Airbnb 4.64%
Investment Properties for Sale
$155,000
MLS 20240065115
Hazel Park
Single Family Residential
3 beds 1 baths 900 sq.ft.
CAP RATE Trad. 7.47% Airbnb 4.38%

Single Family Houses for Sale in Hazel Park, MI

Investment Properties for Sale
$89,900
MLS 50162330
Hazel Park
Single Family Residential
2 beds 1 baths 716 sq.ft.
CAP RATE Trad. 11.22% Airbnb 7.85%
Investment Properties for Sale
$129,000
MLS 20240090054
Hazel Park
Single Family Residential
3 beds 1 baths 793 sq.ft.
CAP RATE Trad. 8.17% Airbnb 5.12%
Investment Properties for Sale
$125,000
MLS 50162212
Hazel Park
Single Family Residential
2 beds 1 baths 800 sq.ft.
CAP RATE Trad. 8.74% Airbnb 5.10%
Investment Properties for Sale
$125,000
MLS 20240068903
Hazel Park
Single Family Residential
2 beds 1 baths 681 sq.ft.
CAP RATE Trad. 7.92% Airbnb 4.88%
Investment Properties for Sale
$139,900
MLS 20240055072
Hazel Park
Single Family Residential
2 beds 1 baths 591 sq.ft.
CAP RATE Trad. 6.89% Airbnb 4.80%
Investment Properties for Sale
$123,000
MLS 20240070790
Hazel Park
Single Family Residential
2 beds 1 baths 1,051 sq.ft.
CAP RATE Trad. 10.08% Airbnb 4.76%
Investment Properties for Sale
$125,000
MLS 20240086549
Hazel Park
Single Family Residential
2 beds 1 baths 750 sq.ft.
CAP RATE Trad. 7.68% Airbnb 4.64%
Investment Properties for Sale
$155,000
MLS 20240065115
Hazel Park
Single Family Residential
3 beds 1 baths 900 sq.ft.
CAP RATE Trad. 7.47% Airbnb 4.38%

Top Hazel Park, MI Neighborhoods - Real Estate Market Analysis

Hazel Park
PROPERTY PRICE

$229,000

Median for city
CAP RATE

5.47%

Traditional

6.47%

Airbnb
RENTAL INCOME

$ 1,565

Traditional

$ 1,604

Airbnb

50%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Hazel Park, MI

Wonderful Downtown Ferndale Apt**Superb Location**
$79 per night Airbnb occupancy rate 94%
Apartment 1 · 1 · 2
Rental Income: $2,258 per month
4.95
697
3 Bed Cozy Home - Downtown Ferndale, MI
$98 per night Airbnb occupancy rate 74%
House 3 · 1 · 7
Rental Income: $2,221 per month
4.78
406
Super Cute Fenced Home with 65”TV2 Baths King Beds
$168 per night Airbnb occupancy rate 71%
House 4 · 2 · 9
Rental Income: $3,640 per month
4.79
349
Country Chic Oasis w/ bonfire pit & fenced in yard
$133 per night Airbnb occupancy rate 70%
House 2 · 1 · 5
Rental Income: $2,826 per month
4.79
324
Super Cute Fenced Home WithNewAppliancesGrillBigTV
$164 per night Airbnb occupancy rate 61%
House 4 · 1 · 9
Rental Income: $3,075 per month
4.8
311
Scandinavian Retreat - Sleeps 6
$98 per night Airbnb occupancy rate 82%
House 3 · 1 · 6
Rental Income: $2,450 per month
4.79
283
Hygge House - 5min walk to Energetic DT RO
$99 per night Airbnb occupancy rate 87%
Apartment 1 · 1 · 4
Rental Income: $2,624 per month
4.98
266
Super Nice Fenced Home WithNew65"TVAppliancesGrill
$151 per night Airbnb occupancy rate 67%
House 3 · 1 · 7
Rental Income: $3,108 per month
4.82
263

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
Traverse City $451,232 3% 3% $2,285 $2,477 366 34%
Lincoln Park $159,900 8% 10% $1,606 $2,509 61 69%
Garden City $199,900 6% 7% $1,719 $2,609 41 59%
Walled Lake $261,999 4% 7% $2,133 $3,646 33 61%
View all michigan cities

Vacation Rentals for Sale in michigan

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