South Haven, MI
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the South Haven short-term rental market based on reliable data.
Listings
308 / 1413
Reliable / Active
Cap Rate
16%
Middle-Earners Gross Yield
Revenue
$57,485
Middle-Earners Revenue
Occupancy
46%
Middle-Earners Occupancy
Home Value
$351,542
Median Home Sale Price
Top Earners
$123,750
Top-Earners Revenue
South Haven
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in South Haven.
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Challenging to Investors
South Haven Regulations
STRs are explicitly permitted but constrained by a strict 1:4 housing stock cap (≈25% of units), mandatory special land use approvals in overlay zones, and complex, multi‑step licensing with inspections and documentation (good‑neighbor guide, local agent, $1M insurance, zoning and special use filings). The township further limits STRs to single‑family dwellings with additional safety and reporting rules, which together create compliance burdens and permit availability limits that meaningfully deter new investment.
Local STR Agent
STR specialist · South Haven, MI
About South Haven
South Haven, Michigan, is a vibrant lakeside city located on the eastern shore of Lake Michigan. With a population of approximately 4,000 residents, South Haven is situated about 120 miles northeast of Chicago and roughly 60 miles southwest of Grand Rapids. This proximity to major cities makes South Haven an accessible destination for visitors seeking a serene getaway.
South Haven is well-known for its picturesque beaches, historic lighthouse, and charming downtown area. One of its most notable landmarks is the South Haven Lighthouse, also known as the South Haven South Pierhead Light, which has been guiding ships since its construction in 1903. More information can be found on the Friends of the South Haven Lighthouse website.
Another key attraction is the Michigan Maritime Museum, which offers exhibitions detailing the region's rich maritime heritage and hosts the tall ship Friends Good Will. Learn more by visiting the Michigan Maritime Museum.
For outdoor enthusiasts, the Kal-Haven Trail, a 34-mile multi-use trail stretching from South Haven to Kalamazoo, provides ample opportunities for hiking, biking, and snowmobiling. Details about the trail can be found on the Kal-Haven Trail page.
South Haven's vibrant downtown area boasts numerous boutique shops, restaurants, and galleries, making it an enjoyable place to explore. The city's picturesque scenery and variety of recreational activities make it an appealing destination for short-term rentals, particularly for visitors who appreciate the blend of natural beauty and small-town charm.