🏠 13 best short term rental opportunities | January 25, 2024


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This 4 bedroom, currently an Airbnb, is being offered turnkey with furniture included, for $319k. It’s featured in the Pro version of this newsletter.

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Experience the ultimate lakeside living on Lake Michigamme in Michigan's scenic Upper Peninsula. This meticulously updated, south facing, and modern home offers the best of the U.P. - recreation, beauty, and relaxation.  This home features many recent updates. Seamless gutters, a recently installed radiant heating system, quartz counters, and comprehensive electrical system updates, just to name a few. A complete list of these upgrades can be found in the documents section of this listing.  Inside you’ll find a bright and contemporary interior that effortlessly blends modern aesthetics with the warmth of a classic lake house. The sunroom offers daily breathtaking views of the lake just beyond the backyard. Follow the stairs down the hillside to a remarkable 300 feet of lake frontage, complete with a dock included in the sale. Whether it's boating, water sports, swimming, or fishing, this property promises endless opportunities for outdoor adventure. Anglers will be delighted by the diverse array of fish, including smallmouth bass, northern pike, walleye, rock bass, and even whitefish in the deeper parts of the lake.  The nearby town of Michigamme adds convenience and charm to this lakeside home. Enjoy a meal out, a gas/convenience store, parks, a library, a museum, and more in this welcoming community. And should you need the amenities of a larger town, Marquette is just a scenic 35 mile drive away, ensuring that all your needs are met for a comfortable lakeside retreat.  337 S Mesnard is a versatile property that can be cherished year-round as a primary residence, embraced as a seasonal getaway, utilized as a short-term rental, or even enjoyed as a combination of these options. This property has a proven track record on AirBnb, and the current property managers are eager to continue providing exceptional care for the new owners. Don't miss your chance to schedule a showing and make this lakeside dream your reality today!

  • $279,000

  • 2 Bedrooms, 1 Bathrooms

  • Average Daily Rate: $282

  • Expected occupancy rate: 61%

  • Monthly expected income: $5,214

  • Monthly expected expenses: $3,133

  • Monthly expected cash flow: $2,080

  • Expected cash on cash return: 30.2%

Totally refurbished 2022 2023. Three minute walk to the beach! "High Vibe" is a modernized historic 1950s Outer Banks flat top/bungalow that has been extensively remodeled and is in a prime location steps from the beach. You’ll love the updated open kitchen, living room, and dining area, along with three bedrooms and two full bathrooms, a large covered front porch, and back patio with fire pit. This turn key home is located in an X flood zone and does not require flood insurance. Home was extensively renovated in 2022 and 2023 and a list of all updates is included in the documents, including new roof and brand new HVAC and ductwork in 2022. In the heart of Kill Devil Hills, you can walk to Awful Arthur’s and the Avalon Pier, bike to Ashley’s coffee shop, or take a quick jaunt over to Jolly Rogers ... Plus the new Target is steps from your door! Beach access with crosswalk at 5th Street. Join the Avalon neighborhood association for $30/year and get parking at the beach parking lot. Close to 39K in rents in 2023 and only rented Memorial Day to Labor Day! This home is great as a second home, a vacation rental, or a primary residence. Furnishings convey. Your beach bungalow awaits!

  • $624,900

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $362

  • Expected occupancy rate: 64%

  • Monthly expected income: $7,047

  • Monthly expected expenses: $4,904

  • Monthly expected cash flow: $2,143

  • Expected cash on cash return: 15.2%

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