REI Lense

REI Lense

Detroit, MI Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Detroit, MI. Based on 15+ datapoints.

Detroit, MI Short-Term Rental / Airbnb Investment Snapshot

Based on 15+ short-term rental / airbnb datapoints

Median Cap Rate

8.2%

Avg Cash on Cash

3.5%

Median Cashflow

$142/mo

Avg Rent Estimate

$2,211/mo

Avg Price

$145,214

Price Range

$55,800 - $225,000

Rent to Price

1.52%

strong ratio

Positive Cashflow

57%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Detroit, MI

Detroit, MI is an emerging short-term rental market with growing investor interest. With 15+ datapoints analyzed so far, early metrics suggest opportunity for Airbnb investors willing to enter before the market matures. Current average cash-on-cash returns sit at 3.5%.

Across 15+ analyzed properties, Detroit, MI STR investments show a median monthly cashflow of $142 with an average estimated nightly-rate-adjusted revenue of $2,211/month. These figures reflect real property data, not projections.

5991 Bishop St, Detroit, MI 48224

Price

$225,000

Rent

$1,976

CachFlow

-$349

CoC

-6.42

Full Analysis

18426 Winthrop St, Detroit, MI 48235

Price

$125,000

Rent

$2,764

CachFlow

$613

CoC

16.62

Full Analysis

14813 Grandville Ave, Detroit, MI 48223

Price

$170,800

Rent

$1,795

CachFlow

-$82

CoC

-1.83

Full Analysis

18708 Robson St, Detroit, MI 48235

Price

$170,000

Rent

$2,127

CachFlow

-$33

CoC

-0.74

Full Analysis

5256 Harvard Rd, Detroit, MI 48224

Price

$200,000

Rent

$2,229

CachFlow

-$148

CoC

-2.96

Full Analysis
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Detroit, MI Airbnb Market Insights

  • Positive median cashflow of $142/month indicates most investors cover expenses
  • 8.2% median cap rate places Detroit, MI among higher-yielding markets nationwide
  • 57% positive cashflow rate means roughly half properties are cash-flow positive
  • Budget-friendly market with properties from $55,800 to $225,000
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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