Short Term Rental Investment Properties for Sale in Mendon, MI
128- 2 Bed
- 1 Bath
- - sft
92- 2 Bed
- 1 Bath
- 1045 sft
98- 4 Bed
- 2 Bath
- 825 sft
103- 2 Bed
- 1 Bath
- 924 sft
- 3 Bed
- 2 Bath
- 1600 sft
137- 2 Bed
- 1 Bath
- 666 sft
122- 3 Bed
- 1 Bath
- 1800 sft
144- 3 Bed
- 1 Bath
- 1344 sft
94- 3 Bed
- 1 Bath
- 1010 sft
109- - Bed
- - Bath
- - sft
131- 3 Bed
- 3 Bath
- 1023 sft
108- 2 Bed
- 1 Bath
- 720 sft
127- 6 Bed
- 2 Bath
- 2388 sft
- 2 Bed
- 2 Bath
- 930 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
Why Invest in Mendon, Michigan?
Investing in short-term rentals in Mendon, MI offers an attractive opportunity with an average ROI around 8%. This location benefits from a rental yield of approximately 6%, making it favorable for cash flow investors. The cap rate of 7% highlights strong profitability potential while average rent remains competitive near $1,200. Appreciation rates steady at around 3%, supported by a renter-occupied rate of nearly 40%. Such balanced metrics position Mendon as a promising market for short-term rental investments.
Frequently Asked Questions
The average ROI for short-term rental investments in Mendon is around 8%, supported by solid rental yields and cap rates. This makes it an attractive market for real estate investors.
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