Traverse City, MI Mid-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Traverse City, MI. Based on 20+ datapoints.
Traverse City, MI Mid-Term Rental Investment Snapshot
Based on 20+ mid-term rental datapoints
Median Cap Rate
6.2%
Avg Cash on Cash
-2.1%
Median Cashflow
-$67/mo
Avg Rent Estimate
$4,203/mo
Avg Price
$519,288
Price Range
$347,400 - $770,100
Rent to Price
0.81%
okay ratio
Positive Cashflow
48%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Traverse City, MI
Traverse City, MI is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 20+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -2.1%.
Across 20+ analyzed properties, Traverse City, MI mid-term rental investments show a median monthly cashflow of -$67 with average furnished rent estimates of $4,203/month. These figures reflect real property data, not projections.
10579 Camrose Cir #12, Traverse City, MI 49684
Price
$669,000
Rent
$5,127
CachFlow
-$953
CoC
-7.22
712 N South Long Lake Rd, Traverse City, MI 49685
Price
$569,000
Rent
$5,025
CachFlow
-$183
CoC
-1.6
Traverse City, MI Mid-Term Rental Market Insights
- •Median cashflow is -$67/month — careful deal selection is essential here
- •6.2% median cap rate reflects a balanced risk-return profile
- •48% positive cashflow rate means roughly two in five properties are cash-flow positive
- •Premium market with properties from $347,400 to $770,100
- •Early-stage market data — revisit as more properties are analyzed for stronger signals