Short Term Rental Investment Properties for Sale in Harrison, MI

Investing in short-term rental properties in Harrison, MI offers a unique opportunity to capitalize on the area's growing tourism sector and steady rental demand. With an average ROI of 7% and a rental yield of 6.5%, investors can expect competitive returns. The cap rate stands around 5.8%, reflecting a balanced market for investors seeking consistent cash flow. Appreciation rates have been steady at approximately 3% annually, supported by the area's increasing visitor volume and local economic stability. Rental occupancy is high, with about 65% of properties rented to short-term tenants, providing stable income streams.