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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Short Term Rental Investment Properties for Sale in Deerton, MI
Airbnb Potential
$ 270,000
ROI
21.3
Cash Flow/m
118- 2 Bed
- 2 Bath
- 960 sft
1468 Karvonen Rd, Deerton, MI, 49822
or
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Why Invest in Deerton, Michigan?
Investing in short-term rental properties in Deerton, MI offers a unique opportunity to capitalize on a growing local tourism sector. The area features an average ROI of 6.5%, rental yield around 7.2%, and a cap rate of 5.8%, making it attractive for investors focusing on short-term stays. Average monthly cash flow is $850, supported by a stable average rent of $1,200. Appreciation rates have been steady at 3.5%, and with a renter occupancy rate of 68%, demand remains strong.
6.5%
Avg. ROI
7.2%
Rental Yield
5.8%
Cap Rate
$850/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
3.5%
1Y Appreciation
Frequently Asked Questions
The average ROI for short-term rentals in Deerton is around 6.5%, reflecting stable income potential for investors in this market.
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