Short Term Rental Investment Properties for Sale in Coloma, MI

Investing in short-term rental properties in Coloma, MI offers a unique opportunity to capitalize on the growing tourism sector along with a strong rental yield averaging 7%. This area benefits from an average ROI of 6.5%, supported by steady appreciation of approximately 3% annually. Investors can expect average monthly rents around $1,200 with cap rates near 6.8%, reflecting healthy cash flow potential in the local market. The renter-occupied rate in Coloma remains robust at 65%, indicating consistent demand for rental properties.