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 10+ datapoints.
Traverse City, MI Mid-Term Rental Investment Snapshot
Based on 10+ mid-term rental datapoints
Median Cap Rate
6.1%
Avg Cash on Cash
-2.9%
Median Cashflow
-$92/mo
Avg Rent Estimate
$3,950/mo
Avg Price
$539,450
Price Range
$293,900 - $770,100
Rent to Price
0.73%
low ratio
Positive Cashflow
43%
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 10+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -2.9%.
Across 10+ analyzed properties, Traverse City, MI mid-term rental investments show a median monthly cashflow of -$92 with average furnished rent estimates of $3,950/month. These figures reflect real property data, not projections.
3098 Crown Wood Ct, Traverse City, MI 49685
Price
$613,000
Rent
$3,886
CachFlow
-$1,045
CoC
-8.55
9754 E Harbor Hills Dr, Traverse City, MI 49684
Price
$725,000
Rent
$4,614
CachFlow
-$1,071
CoC
-7.55
10062 E Claremont Dr, Traverse City, MI 49684
Price
$445,000
Rent
$4,041
CachFlow
$106
CoC
1.14
Traverse City, MI Mid-Term Rental Market Insights
- •Median cashflow is -$92/month — careful deal selection is essential here
- •6.1% median cap rate reflects a balanced risk-return profile
- •43% positive cashflow rate means roughly two in five properties are cash-flow positive
- •Premium market with properties from $293,900 to $770,100
- •Early-stage market data — revisit as more properties are analyzed for stronger signals