Royal Oak Investment Analysis

Investment Property in Royal Oak, MI

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Royal Oak, MI Real Estate Investment Performance

PROPERTY SALE PRICE

$ 348,000

Median

1,477

Avg/Sq.ft.
CASH ON CASH RETURN

3.00%

Traditional

2.00%

Airbnb
NUMBER OF PROPERTIES

164

Investment

36

Airbnb

409

Traditional

48%

Airbnb occupancy rate

Royal Oak, MI Properties Rental Prices

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Investment Properties for Sale in Royal Oak, MI

Investment Properties for Sale
$110,000
MLS 20240076044
Royal Oak
Condo/Coop
1 beds 1 baths 560 sq.ft.
CAP RATE Trad. 4.31% Airbnb 8.91%
Investment Properties for Sale
$95,000
MLS 20240075536
Royal Oak
Condo/Coop
1 beds 1 baths 625 sq.ft.
CAP RATE Trad. 5.73% Airbnb 8.00%
Investment Properties for Sale
$110,000
MLS 50157054
Royal Oak
Condo/Coop
1 beds 1 baths 625 sq.ft.
CAP RATE Trad. 0.62% Airbnb 7.22%
Investment Properties for Sale
$260,000
MLS 24052522
Royal Oak
Single Family Residential
5 beds 2 baths 1,851 sq.ft.
CAP RATE Trad. 8.18% Airbnb 6.45%
Investment Properties for Sale
$145,000
MLS 20240076699
Royal Oak
Condo/Coop
1 beds 1 baths 708 sq.ft.
CAP RATE Trad. 4.54% Airbnb 6.50%
Investment Properties for Sale
$489,900
MLS 20240078127
Royal Oak
Single Family Residential
4 beds 2 baths 1,650 sq.ft.
CAP RATE Trad. 3.55% Airbnb 5.58%
Investment Properties for Sale
$434,900
MLS 20240079183
Royal Oak
Single Family Residential
4 beds 2 baths 2,662 sq.ft.
CAP RATE Trad. 3.88% Airbnb 5.47%
Investment Properties for Sale
$395,000
MLS 20240047981
Royal Oak
Single Family Residential
4 beds 3 baths 1,469 sq.ft.
CAP RATE Trad. 3.16% Airbnb 5.34%

Single Family Houses for Sale in Royal Oak, MI

Investment Properties for Sale
$260,000
MLS 24052522
Royal Oak
Single Family Residential
5 beds 2 baths 1,851 sq.ft.
CAP RATE Trad. 8.18% Airbnb 6.45%
Investment Properties for Sale
$489,900
MLS 20240078127
Royal Oak
Single Family Residential
4 beds 2 baths 1,650 sq.ft.
CAP RATE Trad. 3.55% Airbnb 5.58%
Investment Properties for Sale
$434,900
MLS 20240079183
Royal Oak
Single Family Residential
4 beds 2 baths 2,662 sq.ft.
CAP RATE Trad. 3.88% Airbnb 5.47%
Investment Properties for Sale
$395,000
MLS 20240047981
Royal Oak
Single Family Residential
4 beds 3 baths 1,469 sq.ft.
CAP RATE Trad. 3.16% Airbnb 5.34%
Investment Properties for Sale
$499,999
MLS 20240073579
Royal Oak
Single Family Residential
4 beds 3 baths 1,890 sq.ft.
CAP RATE Trad. 4.26% Airbnb 5.16%
Investment Properties for Sale
$487,000
MLS 20240077963
Royal Oak
Single Family Residential
4 beds 3 baths 2,080 sq.ft.
CAP RATE Trad. 4.19% Airbnb 5.04%
Investment Properties for Sale
$229,363
MLS 24055542
Royal Oak
Single Family Residential
3 beds 1 baths 1,036 sq.ft.
CAP RATE Trad. 5.10% Airbnb 4.84%
Investment Properties for Sale
$225,000
MLS 20240065406
Royal Oak
Single Family Residential
3 beds 1 baths 1,060 sq.ft.
CAP RATE Trad. 4.92% Airbnb 4.73%

Condos for Sale in Royal Oak, MI

Investment Properties for Sale
$110,000
MLS 20240076044
Royal Oak
Condo/Coop
1 beds 1 baths 560 sq.ft.
CAP RATE Trad. 4.31% Airbnb 8.91%
Investment Properties for Sale
$95,000
MLS 20240075536
Royal Oak
Condo/Coop
1 beds 1 baths 625 sq.ft.
CAP RATE Trad. 5.73% Airbnb 8.00%
Investment Properties for Sale
$110,000
MLS 50157054
Royal Oak
Condo/Coop
1 beds 1 baths 625 sq.ft.
CAP RATE Trad. 0.62% Airbnb 7.22%
Investment Properties for Sale
$145,000
MLS 20240076699
Royal Oak
Condo/Coop
1 beds 1 baths 708 sq.ft.
CAP RATE Trad. 4.54% Airbnb 6.50%
Investment Properties for Sale
$147,000
MLS 20240081883
Royal Oak
Condo/Coop
2 beds 1 baths 831 sq.ft.
CAP RATE Trad. 5.25% Airbnb 3.22%
Investment Properties for Sale
$215,000
MLS 20240080691
Royal Oak
Condo/Coop
2 beds 2 baths 816 sq.ft.
CAP RATE Trad. 4.00% Airbnb 2.20%
Investment Properties for Sale
$152,000
MLS 20240065617
Royal Oak
Condo/Coop
2 beds 1 baths 700 sq.ft.
CAP RATE Trad. 3.19% Airbnb 2.01%
Investment Properties for Sale
$179,900
MLS 50155200
Royal Oak
Condo/Coop
2 beds 1 baths 807 sq.ft.
CAP RATE Trad. 2.10% Airbnb 1.75%

Top Royal Oak, MI Neighborhoods - Real Estate Market Analysis

Royal Oak
PROPERTY PRICE

$371,000

Median for city
CAP RATE

3.72%

Traditional

3.75%

Airbnb
RENTAL INCOME

$ 1,656

Traditional

$ 2,364

Airbnb

50%

Airbnb occupancy rate

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Short Term Rentals For Sale

Airbnb Vacation Rentals in Royal Oak, MI

3 Bathrooms | Peaceful | Perfect For Gatherings
$184 per night Airbnb occupancy rate 72%
House 4 · 2 · 10
Rental Income: $4,028 per month
5
9
Striking 1BD in Ferndale
$150 per night Airbnb occupancy rate 69%
Apartment 1 · 1 · 3
Rental Income: $3,133 per month
4.56
9
Home away from Home
$123 per night Airbnb occupancy rate 40%
House 3 · 1.5 · 7
Rental Income: $1,507 per month
4.89
9
Brand New Listing- Modern 1Bd on Woodward Ave
$119 per night Airbnb occupancy rate 38%
Apartment 1 · 1 · 4
Rental Income: $1,369 per month
4.44
9
Charming 1940's 2 Bedroom Apt Ferndale/Oak Park
$118 per night Airbnb occupancy rate 50%
Apartment 2 · 1 · 4
Rental Income: $1,809 per month
5
9
Cute & Cozy 3 bdr House
$99 per night Airbnb occupancy rate 37%
House 3 · 1 · 6
Rental Income: $1,107 per month
5
8
Big 5BR/2BA-5x55" TV-Super Fast WiFi-Best Location
$251 per night Airbnb occupancy rate 27%
House 5 · 2 · 10
Rental Income: $2,033 per month
5
8
Charming Pleasant Ridge home
$139 per night Airbnb occupancy rate 34%
House 2 · 2 · 5
Rental Income: $1,436 per month
4.63
8

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 $176,000 7% 9% $1,767 $2,832 183 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%
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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