Performance indicators for the Waterford 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 Waterford.
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Generally Investor friendly
STRs are permitted across all residential zoning districts but require special approval from the Planning Commission, involving public notification, hearings, and potential conditions, which adds moderate complexity. Registration fees are low ($12 per building plus $2 per unit), and no caps exist, making the process manageable. However, the case-by-case review introduces uncertainty due to neighbor input and possible conditional restrictions.
Local STR Agent
STR specialist · Waterford, MI
Waterford Township is a charter township in the geographic center of Oakland County, Michigan, United States. In 2020, the population of Waterford Township was 70,565.