💰 $120K Revenue on This $699K Southwest Michigan STR
🏊 $699K for a proven STR with ~17.2% gross rental yield, a huge private pool + minutes from Lake Michigan.
Alex Veytsman
September 27, 2026
🏊 $120K Revenue on a $699K Southwest Michigan STR With a Private Pool
💰 Bridgman, MI • $699K • ~$120K Annual Gross Revenue • ~17.2% Gross Rental Yield • 18x34 Pool • 4BR + 5th-Bedroom Potential • Minutes From Lake Michigan
📩 Interested?
🌊 ~$120K Revenue on a $699K Purchase Price
This Southwest Michigan STR combines proven revenue, a large private pool and proximity to Lake Michigan.
The property is currently operating as a vacation rental and reportedly generates approximately:
$120,000 in Gross Annual Rental Income
Against the $699K asking price, that's approximately a:
17.2% Gross Revenue-to-Price Ratio
And the underlying property is built for vacation rentals: 3,192 square feet, an 18x34 inground pool, multiple gathering spaces and four legal bedrooms with potential for a fifth.
All just minutes from Weko Beach, downtown Bridgman, wineries and Harbor Country.
🏡 The Asset + Investment Story
3888 Linke Rd, Bridgman, MI 49106
💰 Price: $699,000
💵 Reported Annual Gross Revenue: ~$120,000
📊 Gross Revenue / Price: ~17.2%
🔢 Price / Gross Revenue: ~5.8x
📐 3,192 Sq Ft
🛏️ 4 Legal Bedrooms + Flex Room With 5th-Bedroom Potential
🚿 3.5 Bathrooms
🏊 18x34 Private Inground Pool
🌿 Wraparound Deck + Vaulted 3-Season Room
🎮 Finished Lower-Level Recreation Area
🏖️ Minutes From Weko Beach
🍷 Near Wineries + Harbor Country
At the current asking price, you're paying roughly 5.8x reported annual gross revenue for an already established vacation rental.
That's not a cap rate—operating expenses still need to be analyzed—but the ~17.2% gross revenue-to-price ratio gives this one a compelling top-line starting point.
The thesis is straightforward: acquire a proven Southwest Michigan STR with ~$120K of annual revenue, a major private-pool amenity and potential to further optimize its sleeping capacity.
🏊 A Backyard Built for Summer Bookings
The centerpiece is the 18x34 inground swimming pool, surrounded by updated landscaping and a wraparound deck.
There's also a vaulted three-season room overlooking the backyard, creating another gathering space for families and groups.
For a Southwest Michigan rental, that's a strong combination: guests can spend the day at Lake Michigan and come back to their own private pool and outdoor entertaining space.
🛏️ Space for Groups + Potential Upside
The main level includes three bedrooms and 2.5 bathrooms, including a primary suite, plus an open kitchen with oversized island, family room and gas fireplace.
The finished lower level adds a fourth legal bedroom, full bathroom, recreation area and additional flex room.
According to the listing, that flex room could potentially become a fifth legal bedroom if applicable requirements are met—giving an investor another way to potentially increase sleeping capacity.
🌊 Minutes From Lake Michigan
The property is minutes from Weko Beach and downtown Bridgman, with easy access to Southwest Michigan's wineries, Harbor Country and Lost Dunes Golf Club.
That gives guests multiple reasons to visit—beach trips, winery weekends, golf trips and family summer vacations—while the private pool gives them a reason to spend time at the property itself.
💸 Financing
At a $699K acquisition price with approximately $120K in reported annual gross rental income, this could be worth evaluating with lenders that understand vacation-rental properties and STR income.
Depending on the borrower, property and lender requirements, potential structures can include DSCR, conventional investment, portfolio and other STR-focused financing options.
If you're trying to determine what your down payment could look like, whether the property's historical rental revenue can help it qualify, or which loan structure makes the most sense for your situation, our STR lending partner can help walk you through the options.
📍 Looking for an STR? Get Connected With Our Local STR Agent Partners
We've developed new relationships with STR-specific agents and agent teams in some of the best short-term rental markets in the country.
These partners specifically understand STR investors—from identifying the right pockets and properties to understanding local regulations, revenue potential and the amenities that help drive bookings.
Looking in one of these markets? Get connected directly with our local STR agent partner:
🌴 Tampa / Orlando — Theme park tourism
⛰️ Smoky Mountains — National park traffic
🤠 Houston / Galveston — Big-city demand
🎸 Nashville — Bachelorette capital of the U.S.
🌄 Blue Ridge — Mountain getaway charm
🍂 Shenandoah Valley — Scenic mountain escapes
🏜️ Sedona & Scottsdale — Desert luxury + year-round sunshine
🌵 Phoenix — Desert sunshine + major event demand
🏔️ Asheville — Mountain charm + year-round tourism
🌴 South Florida — Beaches + year-round sunshine
🏡 Want Help Buying the Right STR?
Finding a property is only one part of building a successful STR. We partner with a team that helps investors with the whole process: market selection, property search, underwriting, design, amenities and operations.
They can help with:
📍 Market Selection
🔎 Property Search
📊 Deal Underwriting
🎨 Design + Furnishing
🔥 Revenue-Driving Amenities
⚙️ Launch + Operations
In order to work with them, they typically require having around $150,000 available for your down payment, furnishing, design, and revenue-driving amenities so you're positioned for success from day one.
To date, they've helped investors acquire 375+ properties, generating $60M+ in rental revenue with $25M+ in estimated tax savings.
Whether you need help deciding where to buy, which property to choose, what it could generate or how to design and amenity it, they can help throughout the process.
💰 Thinking About Selling Your STR?
Already own a short-term rental and thinking about selling?
The Offer Sheet can put your property directly in front of an audience of active STR investors who are specifically looking for vacation rentals, including properties with proven revenue histories.
Whether your property is listed publicly or you want to explore an off-market sale, we can help get it in front of potential buyers.
Have a strong-performing Airbnb, unique vacation rental, or turnkey STR you may consider selling? Send it our way.
🎯 Why This One Stands Out
💰 ~$120K Proven Annual Revenue — approximately a 17.2% gross revenue-to-price ratio at the current asking price.
🏊 18x34 Private Pool — a major amenity for Southwest Michigan's summer vacation market.
🏖️ Minutes From Lake Michigan — close to Weko Beach, wineries, golf and Harbor Country.
🛏️ Potential 5th Bedroom — an existing flex room could provide additional sleeping-capacity upside if legally converted.
⚡ Bottom Line
$699K. ~$120K Annual Revenue. ~17.2% Gross Yield. Private Pool. Minutes From Lake Michigan.
At roughly 5.8x reported annual gross revenue, you're getting an established vacation rental with 3,192 square feet, a huge private pool, strong group-friendly spaces and potential for a fifth bedroom.
Add in easy access to Lake Michigan, wineries and Harbor Country, and this is a strong combination of existing STR performance + a vacation product that's already built to attract groups.
📩 Interested in This Property?
