Three Rivers, MI
- Overview
- Performance
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Key Performance Metrics
Market snapshotPerformance indicators for the Three Rivers short-term rental market based on reliable data.
Listings
30 / 90
Reliable / Active
Cap Rate
13%
Middle-Earners Gross Yield
Revenue
$28,337
Middle-Earners Revenue
Occupancy
44%
Middle-Earners Occupancy
Home Value
$211,104
Median Home Sale Price
Top Earners
$58,034
Top-Earners Revenue
Three Rivers
Market Revenue Seasonality
Top Listings
Highest revenueThe highest-performing listings in Three Rivers.
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Challenging to Investors
Three Rivers Regulations
STRs are permitted (single-family) but governed by Fabius Township with an annual registration, required safety measures, inspections, and a $500 civil infraction penalty plus revocation risk. The cap of 40 STRs and 1,000‑ft separation rule constrains supply, and the unknown fee plus unclear applicability in the City of Three Rivers add risk.
Local STR Agent
STR specialist · Three Rivers, MI
About Three Rivers
Three Rivers, MI, is a small city located in St. Joseph County with a population of approximately 7,800 residents. It is situated around 30 miles south of Kalamazoo, making it relatively close to the larger urban area for additional amenities and services.
The city's name originates from its unique geographical characteristic of being located at the confluence of three rivers: the St. Joseph River, the Rocky River, and the Portage River. This natural feature contributes to the city's appeal, especially for outdoor enthusiasts and nature lovers.
A notable landmark in Three Rivers is the historic Carnegie Center for the Arts, which offers various cultural programs and visual art exhibits year-round. More information can be found on their website.
Another point of interest is the Scidmore Park, which includes a petting zoo and is a popular family-friendly destination. Learn more about it here.
In addition to natural attractions and parks, the city is known for its robust community events such as the Water Festival, which draws visitors yearly. Details about the festival can be found on their page.
These factors combined with a close proximity to a major city like Kalamazoo make Three Rivers, MI, an appealing location for short-term rentals, catering to tourists, families, and professionals seeking a quiet yet engaging environment to stay.