Short Term Rental Investment Properties for Sale in Drummond Island, MI
139- 3 Bed
- 1 Bath
- 2100 sft
105- 4 Bed
- 2 Bath
- 1797 sft
133- 3 Bed
- 1 Bath
- 1110 sft
101- 5 Bed
- 3 Bath
- 2061 sft
117- 2 Bed
- 1 Bath
- 1112 sft
105- 3 Bed
- 2 Bath
- 1232 sft
142- 3 Bed
- 2 Bath
- 1850 sft
131- 2 Bed
- 1 Bath
- 1143 sft
104- 2 Bed
- 1 Bath
- 924 sft
129- 2 Bed
- 2 Bath
- 1252 sft
138- 2 Bed
- 1 Bath
- 1020 sft
- 3 Bed
- 2 Bath
- 1275 sft
117- 2 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 704 sft
96- 2 Bed
- 1 Bath
- 672 sft
92- 1 Bed
- 1 Bath
- 700 sft
111- 2 Bed
- 1 Bath
- 937 sft
125- 3 Bed
- 2 Bath
- 1520 sft
133- 3 Bed
- 1 Bath
- 966 sft
133- 3 Bed
- 1 Bath
- 2120 sft
343- 5 Bed
- 3 Bath
- 1810 sft
128- 3 Bed
- 2 Bath
- 1600 sft
135- 3 Bed
- 1 Bath
- 1048 sft
125- 1 Bed
- 1 Bath
- 600 sft
Why Invest in Drummond Island, Michigan?
Investing in short-term rental properties on Drummond Island, MI offers unique opportunities for strong seasonal rental yields and steady appreciation in a thriving tourism market. With average rental yields around 7% and a cap rate near 6%, investors can expect attractive cash flow during peak seasons. The local market benefits from increasing visitor nights and a robust demand for vacation rentals, supported by the area's natural attractions and tranquil environment. Drummond Island's rental market reflects an avg ROI of approximately 8%, making it a compelling spot for real estate investments focused on short-term rental filters.
Frequently Asked Questions
Demand for short-term rentals on Drummond Island is strong during the summer tourist season, driven by visitors seeking outdoor activities and relaxation. The market experiences lower activity in winter months.
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