Indian River, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Indian River short-term rental market based on reliable data.
Listings
73 / 317
Reliable / Active
Cap Rate
10%
Middle-Earners Gross Yield
Revenue
$28,861
Middle-Earners Revenue
Occupancy
51%
Middle-Earners Occupancy
Home Value
$296,488
Median Home Sale Price
Top Earners
$60,723
Top-Earners Revenue
Indian River
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Indian River.
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Generally Investor friendly
Indian River Regulations
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
About Indian River
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.