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
4%
Avg Cash on Cash
-11.4%
Median Cashflow
-$864/mo
Avg Rent Estimate
$2,960/mo
Avg Price
$352,070
Price Range
$250K – $450K
approximate
Rent to Price
0.84%
okay ratio
Positive Cashflow
0%
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 -11.4%.
Across 10+ analyzed properties, Grand Rapids, MI STR investments show a median monthly cashflow of -$864 with an average estimated nightly-rate-adjusted revenue of $2,960/month. These figures reflect real property data, not projections.
2141 Apple Ave NW, Grand Rapids, MI 49504
Price
$344,200
Rent
$3,076
CachFlow
-$1,045
CoC
-13.89
1863 Eastbrook St SE, Grand Rapids, MI 49508
Price
$349,800
Rent
$2,723
CachFlow
-$868
CoC
-11.39
2741 Plainfield Ave NE, Grand Rapids, MI 49505
Price
$338,200
Rent
$2,265
CachFlow
-$1,111
CoC
-14.98
1328 Maplerow Ave NW, Grand Rapids, MI 49534
Price
$370,600
Rent
$3,474
CachFlow
-$592
CoC
-7.41
1573 E Terrace St NE, Grand Rapids, MI 49503
Price
$416,800
Rent
$4,317
CachFlow
-$584
CoC
-6.64
Grand Rapids, MI Airbnb Market Insights
- Median cashflow is -$864/month — careful deal selection is essential here
- 4% median cap rate is typical of appreciation-focused markets
- At 0% positive cashflow rate, Grand Rapids, MI requires selective property picks
- Mid-to-upper tier market with properties priced about $250,000 to $450,000
- Early-stage market data — revisit as more properties are analyzed for stronger signals