Lake, MI

Key Performance Metrics

Market snapshot

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

Listings

53 / 123

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$23,910

Middle-Earners Revenue

Occupancy

54%

Middle-Earners Occupancy

Home Value

$355,495

Median Home Sale Price

Top Earners

$49,128

Top-Earners Revenue

Lake

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lake.

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Challenging to Investors

Lake Regulations

Strict cap of 15 properties and 500‑ft separation, along with $750 annual fees and IPMC inspections, create moderate compliance burden despite clear allowance and streamlined licensing.

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About Lake

Lake, Michigan may refer to any of several places in the U.S. state of Michigan:

Lake, Clare County, Michigan, an unincorporated community in Garfield Township Lake Township, Michigan (disambiguation), eight places Lake County, Michigan Lake City, Michigan