Grosse Pointe, MI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

92 / 258

Reliable / Active

Cap Rate

6%

Middle-Earners Gross Yield

Revenue

$25,249

Middle-Earners Revenue

Occupancy

58%

Middle-Earners Occupancy

Home Value

$462,842

Median Home Sale Price

Top Earners

$50,127

Top-Earners Revenue

Grosse Pointe

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Grosse Pointe.

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D

Unfriendly to Investors

Grosse Pointe Regulations

Investor STRs are sharply constrained: Grosse Pointe Woods bans rentals under 30 days (effectively prohibiting STRs), and Grosse Pointe Park bars new STRs in residential districts, caps licenses at 30 (10 investor‑owned), enforces spacing and a lottery, and imposes inspections, fees, and a $1,500 bond—making entry costly and uncertain.

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About Grosse Pointe

Grosse Pointe is a city in Wayne County in the U.S. state of Michigan. As of the 2020 census, the city had a population of 5,678. Grosse Pointe is an eastern suburb of Metro Detroit along Lake St. Clair. It is located along East Jefferson Avenue and shares a small northwestern border with the city of Detroit. It is one of five cities within the Grosse Pointe area. Grosse Pointe was originally incorporated as a village in 1880 and then as a city in 1934.

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