Short Term Rental Investment Properties for Sale in Port Hope, MI
137- 3 Bed
- 1 Bath
- 1718 sft
-- 3 Bed
- 2 Bath
- 1200 sft
129- 3 Bed
- 1 Bath
- 1210 sft
102- 3 Bed
- 2 Bath
- 1008 sft
119- 2 Bed
- 1 Bath
- 1336 sft
127- 3 Bed
- 1 Bath
- 860 sft
128- 3 Bed
- 1 Bath
- 1043 sft
125- 2 Bed
- 1 Bath
- 1100 sft
104- 2 Bed
- 2 Bath
- 1064 sft
- 2 Bed
- 1 Bath
- 882 sft
-- 1 Bed
- 1 Bath
- 384 sft
140- 3 Bed
- 2 Bath
- 1344 sft
117- 4 Bed
- 2 Bath
- 1188 sft
127- 2 Bed
- 1 Bath
- 1129 sft
117- 3 Bed
- 1 Bath
- 1270 sft
102- 3 Bed
- 1 Bath
- - sft
104- 3 Bed
- 1 Bath
- 960 sft
- 3 Bed
- 2 Bath
- 1248 sft
- 1 Bed
- 1 Bath
- 707 sft
94- 2 Bed
- 2 Bath
- 896 sft
118- 3 Bed
- 2 Bath
- 1360 sft
99- 2 Bed
- 1 Bath
- 804 sft
112- 2 Bed
- 1 Bath
- 780 sft
124- 2 Bed
- 1 Bath
- 660 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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