Redford Investment Analysis

Investment Property in Redford, MI

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Redford, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 190,000

Median

1,546

Avg/Sq.ft.
CASH ON CASH RETURN

8.00%

Traditional

8.00%

Airbnb
NUMBER OF PROPERTIES

231

Investment

99

Airbnb

71

Traditional

59%

Airbnb occupancy rate

Redford, MI Properties Rental Prices

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Investment Properties for Sale in Redford, MI

Investment Properties for Sale
$179,900
MLS 1929040
Chesterfield
Single Family Residential
3 beds 2 baths 1,320 sq.ft.
CAP RATE Trad. 10.98% Airbnb 10.21%
Investment Properties for Sale
$185,000
MLS 20240082898
Chesterfield
Single Family Residential
3 beds 1 baths 1,071 sq.ft.
CAP RATE Trad. 5.35% Airbnb 10.18%
Investment Properties for Sale
$176,000
Chesterfield
Single Family Residential
3 beds 1 baths 1,071 sq.ft.
CAP RATE Trad. 5.14% Airbnb 10.16%
Investment Properties for Sale
$165,000
MLS 20240075565
Rogers Park
Single Family Residential
3 beds 1 baths 1,130 sq.ft.
CAP RATE Trad. 8.16% Airbnb 10.11%
Investment Properties for Sale
$114,900
MLS 24058797
Chesterfield
Condo/Coop
2 beds 1 baths 726 sq.ft.
CAP RATE Trad. 8.22% Airbnb 10.22%
Investment Properties for Sale
$160,000
MLS 24049926
Grand Dale Gardens
Single Family Residential
3 beds 2 baths 1,225 sq.ft.
CAP RATE Trad. 9.44% Airbnb 9.96%
Investment Properties for Sale
$119,900
MLS 20230070296
Chesterfield
Single Family Residential
2 beds 1 baths 708 sq.ft.
CAP RATE Trad. 7.04% Airbnb 10.05%
Investment Properties for Sale
$199,000
MLS 20240075044
Telegraph Hazelton
Single Family Residential
3 beds 1 baths 1,076 sq.ft.
CAP RATE Trad. 5.66% Airbnb 9.76%

Single Family Houses for Sale in Redford, MI

Investment Properties for Sale
$179,900
MLS 1929040
Chesterfield
Single Family Residential
3 beds 2 baths 1,320 sq.ft.
CAP RATE Trad. 10.98% Airbnb 10.21%
Investment Properties for Sale
$185,000
MLS 20240082898
Chesterfield
Single Family Residential
3 beds 1 baths 1,071 sq.ft.
CAP RATE Trad. 5.35% Airbnb 10.18%
Investment Properties for Sale
$176,000
Chesterfield
Single Family Residential
3 beds 1 baths 1,071 sq.ft.
CAP RATE Trad. 5.14% Airbnb 10.16%
Investment Properties for Sale
$165,000
MLS 20240075565
Rogers Park
Single Family Residential
3 beds 1 baths 1,130 sq.ft.
CAP RATE Trad. 8.16% Airbnb 10.11%
Investment Properties for Sale
$160,000
MLS 24049926
Grand Dale Gardens
Single Family Residential
3 beds 2 baths 1,225 sq.ft.
CAP RATE Trad. 9.44% Airbnb 9.96%
Investment Properties for Sale
$119,900
MLS 20230070296
Chesterfield
Single Family Residential
2 beds 1 baths 708 sq.ft.
CAP RATE Trad. 7.04% Airbnb 10.05%
Investment Properties for Sale
$199,000
MLS 20240075044
Telegraph Hazelton
Single Family Residential
3 beds 1 baths 1,076 sq.ft.
CAP RATE Trad. 5.66% Airbnb 9.76%
Investment Properties for Sale
$199,900
MLS 20240058332
Grand Dale
Single Family Residential
3 beds 2 baths 1,150 sq.ft.
CAP RATE Trad. 7.41% Airbnb 9.54%

Condos for Sale in Redford, MI

Investment Properties for Sale
$114,900
MLS 24058797
Chesterfield
Condo/Coop
2 beds 1 baths 726 sq.ft.
CAP RATE Trad. 8.22% Airbnb 10.22%
Investment Properties for Sale
$309,900
MLS 24053201
Chesterfield
Condo/Coop
2 beds 2 baths 1,420 sq.ft.
CAP RATE Trad. 3.06% Airbnb 1.49%
Investment Properties for Sale
$394,500
MLS 24040359
Chesterfield
Condo/Coop
2 beds 2 baths 1,304 sq.ft.
CAP RATE Trad. 2.19% Airbnb 0.62%
Investment Properties for Sale
$1,200,000
MLS 24027858
Chesterfield
Condo/Coop
3 beds 3 baths 2,142 sq.ft.
CAP RATE Trad. -0.23% Airbnb -0.69

Top Redford, MI Neighborhoods - Real Estate Market Analysis

Chesterfield
PROPERTY PRICE

$154,900

Median for city
CAP RATE

6.82%

Traditional

8.29%

Airbnb
RENTAL INCOME

$ 1,150

Traditional

$ 1,802

Airbnb

44%

Airbnb occupancy rate
Rogers Park
PROPERTY PRICE

$154,900

Median for city
CAP RATE

7.59%

Traditional

10.59%

Airbnb
RENTAL INCOME

$ 1,346

Traditional

$ 1,866

Airbnb

45%

Airbnb occupancy rate
Western View
PROPERTY PRICE

$154,900

Median for city
CAP RATE

5.70%

Traditional

4.99%

Airbnb
RENTAL INCOME

$ 1,195

Traditional

$ 1,483

Airbnb

38%

Airbnb occupancy rate
Telegraph Hazelton
PROPERTY PRICE

$154,900

Median for city
CAP RATE

8.73%

Traditional

5.91%

Airbnb
RENTAL INCOME

$ 1,392

Traditional

$ 1,356

Airbnb

40%

Airbnb occupancy rate
Western Heights
PROPERTY PRICE

$154,900

Median for city
CAP RATE

8.51%

Traditional

5.59%

Airbnb
RENTAL INCOME

$ 1,304

Traditional

$ 1,703

Airbnb

34%

Airbnb occupancy rate
Grand Dale Gardens
PROPERTY PRICE

$154,900

Median for city
CAP RATE

5.95%

Traditional

4.64%

Airbnb
RENTAL INCOME

$ 1,358

Traditional

$ 1,308

Airbnb

40%

Airbnb occupancy rate
Grand Dale
PROPERTY PRICE

$154,900

Median for city
CAP RATE

5.60%

Traditional

5.33%

Airbnb
RENTAL INCOME

$ 1,290

Traditional

$ 1,294

Airbnb

36%

Airbnb occupancy rate
Jefferson
PROPERTY PRICE

$154,900

Median for city
CAP RATE

8.12%

Traditional

4.46%

Airbnb
RENTAL INCOME

$ 1,267

Traditional

$ 1,308

Airbnb

43%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Redford, MI

Metro Detroit area - Greener house
$100 per night Airbnb occupancy rate 69%
House 2 · 1 · 5
Rental Income: $2,109 per month
4.84
316
Spacious House Redford / Detroit. Family friendly.
$194 per night Airbnb occupancy rate 82%
House 5 · 3 · 8
Rental Income: $4,868 per month
4.95
274
Feels like home - in Michigan!
$130 per night Airbnb occupancy rate 88%
House 2 · 2 · 6
Rental Income: $3,510 per month
4.82
71
Beautiful 4 Bedroom Home in Redford
$174 per night Airbnb occupancy rate 61%
House 4 · 2 · 8
Rental Income: $3,243 per month
4.95
64
Detroit Home with Hot tub Beautiful!
$152 per night Airbnb occupancy rate 38%
House 3 · 2 · 6
Rental Income: $1,783 per month
4.83
59
Resort-like getaway on our 1+ acre Southfield home
$350 per night Airbnb occupancy rate 33%
House 4 · 2 · 8
Rental Income: $3,500 per month
4.77
57
2 BD Cozy Single Level Home Near *Beaumont*Novi*
$115 per night Airbnb occupancy rate 76%
House 2 · 1 · 4
Rental Income: $2,687 per month
4.93
57
Modern Detroit Ranch
$74 per night Airbnb occupancy rate 84%
House 2 · 1 · 4
Rental Income: $1,904 per month
4.89
56

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
Clinton Township $267,450 5% 6% $2,241 $2,965 158 65%
Lincoln Park $151,500 8% 12% $1,575 $2,882 64 54%
Garden City $194,500 6% 5% $1,742 $2,153 49 52%
View all michigan cities

Vacation Rentals for Sale in michigan

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