Plymouth, MI

Key Performance Metrics

Market snapshot

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

Listings

81 / 137

Reliable / Active

Cap Rate

9%

Middle-Earners Gross Yield

Revenue

$41,055

Middle-Earners Revenue

Occupancy

75%

Middle-Earners Occupancy

Home Value

$460,293

Median Home Sale Price

Top Earners

$85,242

Top-Earners Revenue

Plymouth

Market Revenue Seasonality

Top Listings

Highest revenue

The highest-performing listings in Plymouth.

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Very Investor friendly

Plymouth Regulations

STRs are fully permitted city‑wide with no caps or city‑specific fees; investors only need the standard rental Certificate of Compliance (an inexpensive annual inspection) and Michigan’s 6% use tax, making compliance simple and the city’s tone supportive to investors.

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About Plymouth

Plymouth is a city in Wayne County in the U.S. state of Michigan. A western suburb of Detroit, Plymouth is located roughly 27 miles (43.5 km) northwest of downtown Detroit, and 18 miles (29.0 km) northeast of Ann Arbor. As of the 2020 census, the city had a population of 9,370. It is surrounded by, but independent of, Plymouth Township.