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%
Median Cashflow
-$67/mo
Avg Rent Estimate
$4,107/mo
Avg Price
$522,025
Price Range
$293,900 - $770,100
Rent to Price
0.79%
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%.
Across 20+ analyzed properties, Traverse City, MI mid-term rental investments show a median monthly cashflow of -$67 with average furnished rent estimates of $4,107/month. These figures reflect real property data, not projections.
11711 S West Bay Shore Dr, Traverse City, MI 49684
Price
$1,549,000
Rent
$7,461
CachFlow
-$3,884
CoC
-13.58
3869 Stoneridge Dr, Traverse City, MI 49684
Price
$647,600
Rent
$4,588
CachFlow
-$887
CoC
-6.91
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 $293,900 to $770,100
- •Early-stage market data — revisit as more properties are analyzed for stronger signals