Grand Rapids, MI Short-Term Rental / Airbnb Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Grand Rapids, MI. Based on 15+ datapoints.
Grand Rapids, MI Short-Term Rental / Airbnb Investment Snapshot
Based on 15+ short-term rental / airbnb datapoints
Median Cap Rate
6.3%
Avg Cash on Cash
0.2%
Median Cashflow
-$58/mo
Avg Rent Estimate
$3,974/mo
Avg Price
$331,664
Price Range
$169,900 - $629,900
Rent to Price
1.2%
strong ratio
Positive Cashflow
47%
of analyzed properties
Recent real estate investor listings analysed as short-term rental / airbnb deals in Grand Rapids, MI
Grand Rapids, 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 0.2%.
Across 15+ analyzed properties, Grand Rapids, MI STR investments show a median monthly cashflow of -$58 with an average estimated nightly-rate-adjusted revenue of $3,974/month. These figures reflect real property data, not projections.
Grand Rapids, MI Airbnb Market Insights
- •Median cashflow is -$58/month — careful deal selection is essential here
- •6.3% median cap rate reflects a balanced risk-return profile
- •47% positive cashflow rate means roughly two in five properties are cash-flow positive
- •Mid-to-upper tier market with properties from $169,900 to $629,900
- •Early-stage market data — revisit as more properties are analyzed for stronger signals