Short Term Rental Investment Properties for Sale in Detroit, MI
606- 3 Bed
- 3 Bath
- 1761 sft
454- 5 Bed
- 1 Bath
- 3000 sft
166- 5 Bed
- 4 Bath
- 2482 sft
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 Detroit, Michigan?
Detroit's short-term rental market offers unique opportunities for investors navigating local regulations like the 90-day annual limit and principal residence requirement. Stable demand from business travelers and events supports solid returns despite restrictions. Average cap rates hover around 8-10% with rental yields of 6-8% in compliant zones. Appreciation has averaged 5% annually amid urban revitalization. Renter occupancy remains high at 65%, bolstered by economic recovery. Focus on zoning-compliant properties maximizes cash flow potential.
Frequently Asked Questions
Properties must be the owner's principal residence with a max 90 rental days per year and 10 guests. A $500 annual license from BSEED is required, plus zoning compliance. Safety inspections ensure guest standards.
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