Short Term Rental Investment Properties for Sale in Drummond Island, MI
115- 2 Bed
- 1 Bath
- 1930 sft
109- 3 Bed
- 2 Bath
- 1296 sft
143- 3 Bed
- 1 Bath
- 1000 sft
145- 2 Bed
- 1 Bath
- 720 sft
128- 3 Bed
- 1 Bath
- 1485 sft
141- 2 Bed
- 1 Bath
- 1080 sft
- 3 Bed
- 2 Bath
- 1244 sft
129- 2 Bed
- 1 Bath
- 1320 sft
140- 2 Bed
- 1 Bath
- 804 sft
141- 3 Bed
- 1 Bath
- 1208 sft
91- 2 Bed
- 1 Bath
- 778 sft
134- - Bed
- - Bath
- - sft
- 1 Bed
- 1 Bath
- 793 sft
326- 2 Bed
- 2 Bath
- - sft
130- 2 Bed
- 1 Bath
- 696 sft
117- 3 Bed
- 1 Bath
- 960 sft
- 1 Bed
- 1 Bath
- 596 sft
144- 2 Bed
- 1 Bath
- 874 sft
123- 2 Bed
- 2 Bath
- 969 sft
135- 2 Bed
- 1 Bath
- 1031 sft
98- 2 Bed
- 1 Bath
- 1040 sft
122- - Bed
- - Bath
- 1296 sft
-- 3 Bed
- 2 Bath
- 1056 sft
139- 3 Bed
- 1 Bath
- 929 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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