Livonia, MI

  • Overview
  • Performance
  • Listings
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Key Performance Metrics

Market snapshot

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

Listings

9 / 57

Reliable / Active

Cap Rate

13%

Middle-Earners Gross Yield

Revenue

$37,990

Middle-Earners Revenue

Occupancy

83%

Middle-Earners Occupancy

Home Value

$303,954

Median Home Sale Price

Top Earners

$59,055

Top-Earners Revenue

Livonia

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Livonia.

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C

Challenging to Investors

Livonia Regulations

Livonia treats STRs as standard rentals: licensing, initial and annual inspections, occupancy-load rules, and three‑year CO leak certifications are required, with missed‑appointment fees and access/entry procedures. No caps or dedicated STR permit exist, but the standard rental regime adds cost, time, and compliance burden that can deter investors.

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About Livonia

Livonia (luv-OWN-yuh) is a city in Wayne County, Michigan, United States. A western suburb of Detroit, Livonia is located roughly 20 miles (32.2 km) northwest of downtown Detroit. As of the 2020 census, the city had a population of 95,535. Originally organized as Livonia Township in 1835, it incorporated as a city in 1950.

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