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 40+ datapoints.
Detroit, MI Short-Term Rental / Airbnb Investment Snapshot
Based on 40+ short-term rental / airbnb datapoints
Median Cap Rate
9.4%
Avg Cash on Cash
8.1%
Median Cashflow
$284/mo
Avg Rent Estimate
$2,462/mo
Avg Price
$141,340
Price Range
$26,700 - $299,999
Rent to Price
1.74%
strong ratio
Positive Cashflow
71%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Detroit, MI
Detroit, MI is a reliable cash-generating market for Airbnb operators. 71% of analyzed properties produce positive monthly cashflow, with a median of $284/month. This consistency makes Detroit, MI attractive for investors seeking steady short-term rental income rather than speculative gains.
Across 40+ analyzed properties, Detroit, MI STR investments show a median monthly cashflow of $284 with an average estimated nightly-rate-adjusted revenue of $2,462/month. These figures reflect real property data, not projections.
Detroit, MI Airbnb Market Insights
- •Positive median cashflow of $284/month indicates most investors cover expenses
- •9.4% median cap rate places Detroit, MI among higher-yielding markets nationwide
- •71% of analyzed properties cash-flow positive — high probability of finding a deal
- •Moderately priced market with properties from $26,700 to $299,999
- •Ideal for investors building a portfolio of income-producing properties