Performance indicators for the Pentwater short-term rental market based on reliable data.
Listings
Reliable / Active
Cap Rate
Middle-Earners Gross Yield
Revenue
Middle-Earners Revenue
Occupancy
Middle-Earners Occupancy
Home Value
Median Home Sale Price
Top Earners
Top-Earners Revenue
The highest-performing listings in Pentwater.
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Challenging to Investors
STRs are explicitly allowed but constrained by a strict 67-license cap and recent moratorium, requiring extensive compliance certifications across multiple codes (zoning, building, mechanical, plumbing, electrical, fire). The three-strike revocation policy with 36-month prohibition creates high enforcement risk, while operational limits on bedrooms, occupancy, and parking reduce flexibility for investors.
Local STR Agent
STR specialist · Pentwater, MI
Pentwater is a village in Oceana County in the U.S. state of Michigan. The population was 890 at the 2020 census. The village is located within Pentwater Township. Pentwater is home to Mears State Park. The name Pentwater comes from Pent or Penned up waters. The entrance to the channel is notoriously shallow and for many years dictated the size of vessels that the village was able to accommodate.