Short Term Rental Investment Properties for Sale in Bloomfield Hills, MI
584- 2 Bed
- 1 Bath
- 801 sft
116- 3 Bed
- 1 Bath
- 854 sft
102- 2 Bed
- 1 Bath
- 1042 sft
- 3 Bed
- 2 Bath
- 1400 sft
849- 3 Bed
- 2 Bath
- 1380 sft
- 1 Bed
- 1 Bath
- 621 sft
901- 3 Bed
- 2 Bath
- 1216 sft
751- 2 Bed
- 1 Bath
- 1132 sft
638- 3 Bed
- 1 Bath
- 1320 sft
96- 5 Bed
- 2 Bath
- 2300 sft
135- - Bed
- 1 Bath
- 628 sft
129- 2 Bed
- 1 Bath
- 820 sft
119- 1 Bed
- 1 Bath
- 780 sft
110- 1 Bed
- 1 Bath
- 360 sft
471- 5 Bed
- 2 Bath
- 1926 sft
106- 3 Bed
- 1 Bath
- 1278 sft
753- 3 Bed
- 2 Bath
- 737 sft
808- 3 Bed
- 2 Bath
- 2185 sft
93- 2 Bed
- 1 Bath
- 867 sft
111- 2 Bed
- 1 Bath
- 940 sft
93- 5 Bed
- 1 Bath
- 1466 sft
646- 5 Bed
- 2 Bath
- 988 sft
93- 4 Bed
- 2 Bath
- 1680 sft
136- 3 Bed
- 1 Bath
- 887 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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