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 20+ datapoints.
Grand Rapids, MI Short-Term Rental / Airbnb Investment Snapshot
Based on 20+ short-term rental / airbnb datapoints
Median Cap Rate
5%
Avg Cash on Cash
-2.3%
Median Cashflow
-$371/mo
Avg Rent Estimate
$3,570/mo
Avg Price
$335,773
Price Range
$169,900 - $629,900
Rent to Price
1.06%
strong ratio
Positive Cashflow
35%
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 20+ 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 -2.3%.
Across 20+ analyzed properties, Grand Rapids, MI STR investments show a median monthly cashflow of -$371 with an average estimated nightly-rate-adjusted revenue of $3,570/month. These figures reflect real property data, not projections.
2926 Chamberlain Ave SE, Grand Rapids, MI 49508
Price
$359,900
Rent
$3,473
CachFlow
-$371
CoC
-4.76
5705 Coit Ave NE, Grand Rapids, MI 49525
Price
$422,900
Rent
$2,746
CachFlow
-$1,076
CoC
-12.09
4112 Old Hawk Ct, Grand Rapids, MI 49525
Price
$747,900
Rent
$3,968
CachFlow
-$2,632
CoC
-18.04
2041 Kalamazoo Ave SE, Grand Rapids, MI 49507
Price
$266,300
Rent
$4,026
CachFlow
$381
CoC
6.18
Grand Rapids, MI Airbnb Market Insights
- •Median cashflow is -$371/month — careful deal selection is essential here
- •5% median cap rate reflects a balanced risk-return profile
- •At 35% positive cashflow rate, Grand Rapids, MI requires selective property picks
- •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