Frankfort, MI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

Performance indicators for the Frankfort short-term rental market based on reliable data.

Listings

238 / 554

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$33,426

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$493,821

Median Home Sale Price

Top Earners

$71,395

Top-Earners Revenue

Frankfort

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Frankfort.

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B

Generally Investor friendly

Frankfort Regulations

Frankfort clearly permits STRs citywide but requires a separate annual permit per unit, fire inspections every 3 years, proof of insurance, safety equipment compliance, and a 24/7 local contact; while these add cost and process, the owner cap of 3 units, reasonable occupancy/parking limits, and tiered penalty structure with revocation only after repeated violations make compliance predictable and manageable for investors.

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About Frankfort

Frankfort is a city in the U.S. state of Michigan. Located within Benzie County, the city sits upon the shore of Lake Michigan at the mouth of the Betsie River. The city had a population of 1,252 at the 2020 census.

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