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 15+ datapoints.
Traverse City, MI Mid-Term Rental Investment Snapshot
Based on 15+ mid-term rental datapoints
Median Cap Rate
3.8%
Avg Cash on Cash
-9.8%
Median Cashflow
-$1,040/mo
Avg Rent Estimate
$3,890/mo
Avg Price
$622,483
Price Range
$250K – $1.4M
approximate
Rent to Price
0.62%
low ratio
Positive Cashflow
11%
of analyzed properties
Recent real estate investor listings analysed as mid-term rental deals in Traverse City, MI
Traverse City, MI is a premium mid-term rental market where property values complement furnished rental income. Cap rates average 3.8%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.
Across 15+ analyzed properties, Traverse City, MI mid-term rental investments show a median monthly cashflow of -$1,040 with average furnished rent estimates of $3,890/month. These figures reflect real property data, not projections.
18307 Mission Rd, Traverse City, MI 49686
Price
$799,900
Rent
$3,938
CachFlow
-$2,491
CoC
-16.07
Traverse City, MI Mid-Term Rental Market Insights
- Median cashflow is -$1,040/month — careful deal selection is essential here
- 3.8% median cap rate is typical of appreciation-focused markets
- At 11% positive cashflow rate, Traverse City, MI requires selective property picks
- Premium market with properties priced about $250,000 to $1,400,000
- Consider this market if your strategy favors equity growth with rental income covering holding costs