Short Term Rental Investment Properties for Sale in Drummond Island, MI
144- 2 Bed
- 1 Bath
- 685 sft
139- 3 Bed
- 1 Bath
- 964 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
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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