Lake, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Lake short-term rental market based on reliable data.
Listings
39 / 124
Reliable / Active
Cap Rate
6%
Middle-Earners Gross Yield
Revenue
$21,947
Middle-Earners Revenue
Occupancy
50%
Middle-Earners Occupancy
Home Value
$345,511
Median Home Sale Price
Top Earners
$46,064
Top-Earners Revenue
Lake
Market Revenue Seasonality
Top Listings
Highest revenueThe 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.
Local STR Agent
STR specialist · Lake, MI
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