Performance indicators for the Suttons Bay 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 Suttons Bay.
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Challenging to Investors
STRs are allowed but face a strict 45‑permit cap in the Village (currently full, so no new permits until attrition) and a 150‑permit cap in the Township, with a $200 annual fee and a limited application window, creating significant barriers to entry and moderate compliance costs.
Local STR Agent
STR specialist · Suttons Bay, MI
Suttons Bay is a village in Leelanau County in the U.S. state of Michigan. The population was 613 at the 2020 census. Located within Suttons Bay Township, the community lies upon the shore of the eponymous Suttons Bay, a smaller inlet of Grand Traverse Bay, a bay of Lake Michigan.