Performance indicators for the Indian River short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Indian River.
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Generally Investor friendly
STRs are permitted but require a county SUP in commercial zones like D‑CM, including a public hearing and detailed site‑plan review, which adds complexity/uncertainty; state 6% tax is straightforward and there are no city caps or license, keeping costs manageable; HOA/covenants can still add local restrictions.
Local STR Agent
STR specialist · Indian River, MI
Indian River is an unincorporated community and census-designated place (CDP) in Cheboygan County in the U.S. state of Michigan. The population was 1,950 at the 2020 census. The CDP is located in Tuscarora Township between Burt Lake and Mullett Lake. As an unincorporated community, Indian River has no legal autonomy of its own but does have its own post office with the 49749 ZIP Code, which also serves small portions of several surrounding townships.