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
4.3%
Avg Cash on Cash
-8.9%
Median Cashflow
-$810/mo
Avg Rent Estimate
$4,123/mo
Avg Price
$609,789
Price Range
$255,400 - $1,325,000
Rent to Price
0.68%
low ratio
Positive Cashflow
22%
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 4.3%, 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 -$810 with average furnished rent estimates of $4,123/month. These figures reflect real property data, not projections.
687 Arbutus Trl, Traverse City, MI 49696
Price
$631,000
Rent
$4,095
CachFlow
-$1,280
CoC
-10.21
11400 Peninsula Dr, Traverse City, MI 49686
Price
$1,325,000
Rent
$4,234
CachFlow
-$5,260
CoC
-21.31
1819 Timber Lane Dr, Traverse City, MI 49686
Price
$835,800
Rent
$4,653
CachFlow
-$2,008
CoC
-12.45
Traverse City, MI Mid-Term Rental Market Insights
- •Median cashflow is -$810/month — careful deal selection is essential here
- •4.3% median cap rate is typical of appreciation-focused markets
- •At 22% positive cashflow rate, Traverse City, MI requires selective property picks
- •Premium market with properties from $255,400 to $1,325,000
- •Consider this market if your strategy favors equity growth with rental income covering holding costs