Performance indicators for the Richmond 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 Richmond.
Loading top listings...
Challenging to Investors
Richmond embeds STRs under the Bed & Breakfast accessory use, making breakfast provision and likely owner presence mandatory; SUPs may be required depending on zoning, and the regime imposes occupancy, parking, and annual renewals.
Local STR Agent
STR specialist · Richmond, MI
Richmond is a city within Metro Detroit in the U.S. state of Michigan. The population was 5,878 at the 2020 census. Most of the city is located in Macomb County, though there is a small portion in neighboring St. Clair County.