Herron Investment Analysis

Investment Property in Herron, MI

Herron, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 120,000

Median

960

Avg/Sq.ft.
CASH ON CASH RETURN

7.00%

Traditional

10.00%

Airbnb
NUMBER OF PROPERTIES

1

Investment

25

Airbnb

N/A

Traditional

45%

Airbnb occupancy rate

Herron, MI Properties Rental Prices

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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 $304,900 5% 7% $2,089 $2,358 13 75%
Wixom $439,950 4% 7% $2,568 $4,200 28 69%
Walled Lake $300,000 4% 7% $2,131 $3,646 27 68%
Farmington $293,950 4% 6% $1,517 $3,420 16 67%
Wyandotte $187,400 5% 7% $1,445 $2,128 44 67%
Trenton $249,950 5% 9% $1,774 $3,802 32 67%
Riverview $212,450 6% 9% $2,361 $3,379 16 67%
Fowlerville $300,000 5% 12% $2,302 $4,833 17 66%
Lincoln Park $145,900 8% 10% $1,398 $2,253 61 60%
Highland $429,900 4% 4% $2,611 $4,214 44 59%
Milford $539,950 4% 5% $3,437 $4,214 50 59%
Haslett $397,000 4% 5% $2,200 $3,355 24 59%
Okemos $479,950 2% 3% $2,209 $3,423 22 59%
Canton $432,000 4% 4% $2,730 $2,977 131 58%
Clinton Township $257,500 5% 4% $2,053 $2,297 131 57%
Mount Clemens $197,450 6% 7% $1,693 $2,582 22 55%
Garden City $204,900 5% 4% $1,646 $1,983 41 54%
Grosse Ile $477,450 3% 4% $2,781 $3,654 24 53%
Redford $209,000 6% 6% $1,727 $2,189 249 52%
Lake Orion $404,900 4% 4% $2,520 $3,273 61 52%
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Vacation Rentals for Sale in michigan

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