Otsego, MI
- Overview
- Performance
- Listings
- Buy Box
Key Performance Metrics
Market snapshotPerformance indicators for the Otsego short-term rental market based on reliable data.
Listings
265 / 774
Reliable / Active
Cap Rate
12%
Middle-Earners Gross Yield
Revenue
$31,130
Middle-Earners Revenue
Occupancy
48%
Middle-Earners Occupancy
Home Value
$256,536
Median Home Sale Price
Top Earners
$60,542
Top-Earners Revenue
Otsego
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Otsego.
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Very Investor friendly
Otsego Regulations
Short‑term rentals are explicitly permitted with no active local licensing, caps, or fees; investors need only a Certificate of Occupancy, state tax registration, and basic safety compliance. The current lack of restrictive caps or burdensome permits makes the environment highly investor‑friendly, though the pending proposed ordinance could introduce future uncertainties.
Local STR Agent
STR specialist · Otsego, MI
About Otsego
Otsego is a city in Allegan County in the U.S. state of Michigan. The population was 4,120 at the 2020 census. The city is within Otsego Township, but is administratively autonomous. Otsego is situated on M-89 about three miles (5 km) west of Plainwell and US 131. It is about nine miles (14 km) southeast of Allegan and the Kalamazoo River flows east to west through the city.