Short Term Rental Investment Properties for Sale in Bloomfield Hills, MI
129- 3 Bed
- 1 Bath
- 1210 sft
96- 3 Bed
- 1 Bath
- 1589 sft
102- 3 Bed
- 2 Bath
- 1008 sft
119- 2 Bed
- 1 Bath
- 1336 sft
127- 3 Bed
- 1 Bath
- 860 sft
128- 3 Bed
- 1 Bath
- 1043 sft
125- 2 Bed
- 1 Bath
- 1100 sft
104- 2 Bed
- 2 Bath
- 1064 sft
- 2 Bed
- 1 Bath
- 882 sft
-- 1 Bed
- 1 Bath
- 384 sft
140- 3 Bed
- 2 Bath
- 1344 sft
117- 4 Bed
- 2 Bath
- 1188 sft
127- 2 Bed
- 1 Bath
- 1129 sft
117- 3 Bed
- 1 Bath
- 1270 sft
102- 3 Bed
- 1 Bath
- - sft
104- 3 Bed
- 1 Bath
- 960 sft
- 3 Bed
- 2 Bath
- 1248 sft
- 1 Bed
- 1 Bath
- 707 sft
94- 2 Bed
- 2 Bath
- 896 sft
118- 3 Bed
- 2 Bath
- 1360 sft
99- 2 Bed
- 1 Bath
- 804 sft
112- 2 Bed
- 1 Bath
- 780 sft
124- 2 Bed
- 1 Bath
- 660 sft
95- 4 Bed
- 3 Bath
- 2625 sft
Why Invest in Bloomfield Hills, Michigan?
Investing in short-term rental properties in Bloomfield Hills, MI offers a unique opportunity to capitalize on a steady influx of visitors attracted to the area's upscale amenities and proximity to Detroit. This market segment boasts an average ROI of 7%, with rental yields around 6%, supported by a cap rate near 5%. Average monthly cash flow for short-term rentals remains solid at $1,200, with typical rents around $2,500. Appreciation rates in this area have been steady at 3.5%, while renter occupancy stays high, averaging 85%. These metrics position Bloomfield Hills as a promising location for real estate investors targeting short-term rental income.
Frequently Asked Questions
The average monthly rental income for short-term rental properties in Bloomfield Hills is approximately $2,500, with an average cash flow of around $1,200 after expenses.
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