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.
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