Short Term Rental Investment Properties for Sale in Tawas City, MI

Investing in short-term rentals in Tawas City, MI offers a unique opportunity due to its growing tourism and attractive rental yields. With an average rental yield of 7.2% and a cap rate around 6.5%, investors can enjoy solid cash flow and appreciation potential. The city's seasonal visitor influx boosts occupancy rates, making short-term rentals a lucrative option. Average monthly rent sits near $1,200 with a strong renter-occupied rate of 68%, reflecting steady demand. Additionally, local appreciation rates of 3.1% suggest a healthy market for long-term investment growth.