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
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 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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