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 10+ datapoints.
Grand Rapids, MI Short-Term Rental / Airbnb Investment Snapshot
Based on 10+ short-term rental / airbnb datapoints
Median Cap Rate
5.4%
Avg Cash on Cash
-1.9%
Median Cashflow
-$412/mo
Avg Rent Estimate
$4,087/mo
Avg Price
$443,792
Price Range
$169,900 - $876,500
Rent to Price
0.92%
okay ratio
Positive Cashflow
31%
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 10+ 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 -1.9%.
Across 10+ analyzed properties, Grand Rapids, MI STR investments show a median monthly cashflow of -$412 with an average estimated nightly-rate-adjusted revenue of $4,087/month. These figures reflect real property data, not projections.
1217 El Camino Dr NW, Grand Rapids, MI 49504
Price
$767,100
Rent
$7,159
CachFlow
-$936
CoC
-6.07
3430 Eastridge Ct NE, Grand Rapids, MI 49525
Price
$541,200
Rent
$3,811
CachFlow
-$1,317
CoC
-11.48
Grand Rapids, MI Airbnb Market Insights
- •Median cashflow is -$412/month — careful deal selection is essential here
- •5.4% median cap rate reflects a balanced risk-return profile
- •At 31% positive cashflow rate, Grand Rapids, MI requires selective property picks
- •Premium market with properties from $169,900 to $876,500
- •Early-stage market data — revisit as more properties are analyzed for stronger signals