Short Term Rental Investment Properties for Sale in Port Hope, MI
94- 3 Bed
- 1 Bath
- 2100 sft
105- 4 Bed
- 2 Bath
- 1797 sft
133- 3 Bed
- 1 Bath
- 1110 sft
101- 5 Bed
- 3 Bath
- 2061 sft
117- 2 Bed
- 1 Bath
- 1112 sft
105- 3 Bed
- 2 Bath
- 1232 sft
142- 3 Bed
- 2 Bath
- 1850 sft
131- 2 Bed
- 1 Bath
- 1143 sft
104- 2 Bed
- 1 Bath
- 924 sft
129- 2 Bed
- 2 Bath
- 1252 sft
138- 2 Bed
- 1 Bath
- 1020 sft
- 3 Bed
- 2 Bath
- 1275 sft
117- 2 Bed
- 1 Bath
- 960 sft
103- 2 Bed
- 1 Bath
- 704 sft
96- 2 Bed
- 1 Bath
- 672 sft
92- 1 Bed
- 1 Bath
- 700 sft
111- 2 Bed
- 1 Bath
- 937 sft
125- 3 Bed
- 2 Bath
- 1520 sft
133- 3 Bed
- 1 Bath
- 966 sft
133- 3 Bed
- 1 Bath
- 2120 sft
343- 5 Bed
- 3 Bath
- 1810 sft
128- 3 Bed
- 2 Bath
- 1600 sft
135- 3 Bed
- 1 Bath
- 1048 sft
125- 1 Bed
- 1 Bath
- 600 sft
Why Invest in Port Hope, Michigan?
Investing in short-term rentals in Port Hope, MI offers an excellent opportunity to capitalize on the growing tourism and local demand. The area shows a solid average ROI of 7.2% driven by a consistent rental yield of 6.5%. Cap rates remain competitive at 5.8%, complemented by an average monthly rent of $1,350 and an average cash flow of $450 per property. With renter occupancy rates around 78% and an appreciation rate of 3.1%, Port Hope presents a favorable market for real estate investors focusing on short-term rental properties.
Frequently Asked Questions
The average rental yield for short-term rentals in Port Hope is approximately 6.5%, reflecting strong demand from tourists and seasonal visitors.
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