Lake City, MI

  • Overview
  • Performance
  • Listings
  • Buy Box

Key Performance Metrics

Market snapshot

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

Listings

58 / 173

Reliable / Active

Cap Rate

7%

Middle-Earners Gross Yield

Revenue

$14,430

Middle-Earners Revenue

Occupancy

45%

Middle-Earners Occupancy

Home Value

$221,344

Median Home Sale Price

Top Earners

$41,197

Top-Earners Revenue

Lake City

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Lake City.

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C

Challenging to Investors

Lake City 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.

View Lake City Regulations →

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About Lake City

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

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