Short Term Rental Investment Properties for Sale in Kalkaska, MI

Investing in short-term rentals in Kalkaska, MI offers a unique opportunity to capitalize on the growing tourism and seasonal influxes. This market's average ROI of 7.5% and a rental yield of nearly 8% demonstrate strong income potential. The cap rate stands at 6.2%, with an average monthly cash flow of $450, making it attractive for investors seeking stable returns. Average rents hover around $1,200 per month, supported by above-average appreciation rates of 4%. Renter occupancy rates remain high at 85%, reflecting consistent demand.