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
4.8%
Avg Cash on Cash
-5.5%
Median Cashflow
-$206/mo
Avg Rent Estimate
$4,194/mo
Avg Price
$511,810
Price Range
$255,400 - $835,800
Rent to Price
0.82%
okay ratio
Positive Cashflow
35%
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 4.8%, typical of premium markets where MTR investors capture both appreciation and the rent premium furnished 30–180 day stays command over standard leases.
Across 20+ analyzed properties, Traverse City, MI mid-term rental investments show a median monthly cashflow of -$206 with average furnished rent estimates of $4,194/month. These figures reflect real property data, not projections.
1819 Timber Lane Dr, Traverse City, MI 49686
Price
$835,800
Rent
$4,653
CachFlow
-$2,008
CoC
-12.45
10500 S Monaco Way, Traverse City, MI 49684
Price
$1,050,800
Rent
$5,163
CachFlow
-$3,151
CoC
-15.84
3340 Tibbets Dr, Traverse City, MI 49696
Price
$537,600
Rent
$3,411
CachFlow
-$1,206
CoC
-11.06
Traverse City, MI Mid-Term Rental Market Insights
- •Median cashflow is -$206/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 35% positive cashflow rate, Traverse City, MI requires selective property picks
- •Premium market with properties from $255,400 to $835,800
- •Consider this market if your strategy favors equity growth with rental income covering holding costs