💰 $132K Revenue on This South Haven STR Near Lake Michigan
🏡 $899K for a turnkey 4BR that sleeps 12 with a private heated pool, 2.24 acres + ~$83K already booked for 2026.
Alex Veytsman
August 30, 2026
🌊 $132K Revenue on an $899K South Haven STR — With a Private Pool on 2.24 Acres
💰 South Haven, MI • $899,900 • $132K Historical Annual Revenue • ~$83K Already Booked for 2026 • Private Heated Pool • 2.24 Acres • Sleeps 12 • Fully Furnished
📩 Interested?
🌊 A Proven South Haven STR Just Half a Mile From Lake Michigan
This one combines three things we like to see in a vacation rental: proven six-figure revenue, a strong private amenity package and proximity to a major vacation demand driver.
Known as Hidden Haven, this 4-bedroom retreat sits on 2.24 private acres in South Haven, Michigan, just half a mile from Lake Michigan.
And the revenue history is compelling:
$121K → $132K → ~$83K Already Booked for 2026
The property generated $121,000 from 2022–2023, followed by $132,000 from 2023–2024, and already has approximately $83,000 booked for the 2026 season with additional weeks still available to book.
At the $899,900 asking price, the $132K historical revenue figure represents approximately a 14.7% gross revenue-to-price ratio.
Add a private in-ground pool, accommodations for up to 12, more than two acres, a massive primary suite and furnishings that convey, and there's a lot here for an STR investor to dig into.
🏡 The Asset
18830 77th St, South Haven, MI 49090
💰 Price: $899,900
💵 2022–2023 Revenue: $121,000
💵 2023–2024 Revenue: $132,000
📅 2026 Season: ~$83,000 Already Booked
📊 Gross Revenue / Price Using $132K: ~14.7%
📈 Price / $132K Revenue: ~6.8x
🛏️ 4 Bedrooms
🚿 3 Bathrooms
📐 2,825 Sq Ft
👥 Sleeps Up to 12
🌳 2.24 Private Acres
🏊 Private In-Ground Pool
🌊 Half a Mile From Lake Michigan
🔥 Fire Pit
🍔 Outdoor Grill
🛋️ Furnishings Convey
🔑 Turnkey Existing STR
💰 This One Has a Multi-Year Revenue Track Record
One of the better parts of this deal is that we're not looking at a single pro forma number.
The reported rental history shows:
2022–2023: $121,000
2023–2024: $132,000
And for the current 2026 season:
~$83,000 Already Booked With Weeks Still Available
Using the stronger $132K historical year against the $899,900 asking price gives us approximately:
14.7% Gross Revenue / Purchase Price
or:
~6.8x Historical Gross Revenue
As always, that's gross revenue—not a cap rate. Buyers need to review operating expenses, management, taxes, insurance, utilities, pool maintenance, platform fees and other costs to determine actual NOI and cash flow.
But having multiple periods of six-figure performance gives an investor substantially more to underwrite than a property being marketed exclusively on projected revenue.
🏊 The Private Pool Changes the Guest Experience
Hidden Haven isn't relying solely on proximity to Lake Michigan to attract guests.
It has its own:
Private In-Ground Pool
The pool was reportedly rehabilitated in 2022 with a new liner, filter, heater and pump.
That's a major guest-facing amenity for summer stays—and an important differentiator for groups comparing vacation homes in a lake destination.
Then add:
🔥 Fire Pit
🍔 Outdoor Grill
🌳 2.24 Private Acres
🌲 Wooded Setting
🏞️ Public Preserve Behind the Property
This starts to feel less like renting a house near the lake and more like booking a private vacation compound.
🌊 Half a Mile From Lake Michigan
Location is another important piece of the STR thesis.
The property sits approximately:
½ Mile From Lake Michigan
That gives guests easy access to one of the area's primary attractions while allowing the home itself to offer significantly more privacy and land than you'd typically expect closer to the waterfront.
South Haven is fundamentally a vacation-driven destination, so the ability to combine lake proximity with a private pool and more than two acres creates a compelling guest proposition.
👥 Built for Groups of Up to 12
Hidden Haven offers:
4 Bedrooms
3 Bathrooms
2,825 Sq Ft
Sleeps Up to 12
That capacity allows the property to target family vacations, multi-generational trips and groups traveling together.
One particularly interesting feature is the redesigned:
750 Sq Ft Primary Suite
The suite includes:
🛁 Spa-Style Bathroom
🌳 Private Deck
🍸 Wet Bar
At 750 square feet, the primary suite alone is larger than some entire vacation rentals.
Features like that help create memorable listing photography and give the property another way to differentiate itself beyond bedroom count.
🔨 A Lot of the Expensive Work Is Already Done
The home has been fully renovated, with several meaningful improvements already completed.
Those include:
🏊 Pool rehabilitation with new liner, filter, heater and pump
🚽 New septic system
🍳 Updated appliances
🎨 Refreshed paint
🛏️ Fully redesigned primary suite
There's also a pole barn on the property, adding useful storage and functionality.
And importantly for an investor:
The Furnishings Will Convey
That can remove a significant amount of cost, time and operational friction after closing.
Instead of buying the real estate and then spending months furnishing and launching it, a buyer potentially gets an established STR that's already equipped to continue operating.
🍂 There's Revenue Potential Beyond Summer
This is another part of the listing that caught our attention.
The seller reports fall and winter nightly rates reaching as high as $599, along with monthly stays around $12,791.
Those figures aren't guaranteed future revenue, but they point toward an opportunity to think about the property as more than a summer-only rental.
For a market with significant seasonal demand, finding ways to monetize the shoulder and off-season can have a meaningful impact on annual performance.
If a buyer can maintain strong summer revenue while continuing to capture fall, winter and monthly bookings, there's potential to broaden the property's earning season.
📊 The Investment Story
💰 Asking Price: $899,900
💵 $121K Revenue in 2022–2023
💵 $132K Revenue in 2023–2024
📅 ~$83K Already Booked for the 2026 Season
📊 ~14.7% Gross Revenue / Price Using $132K
👥 Sleeps 12
🏊 Private Heated In-Ground Pool
🌳 2.24 Private Acres
🌊 ½ Mile From Lake Michigan
🛋️ Furnishings Convey
🔑 Existing Turnkey STR
The thesis here is straightforward: acquire a proven six-figure-revenue vacation rental near Lake Michigan that already has the privacy, amenities, furnishings and group capacity guests are looking for.
💸 Financing Angle
An existing STR with a documented multi-year revenue history may be worth evaluating with lenders that understand vacation-rental properties and income.
Depending on the borrower, property and lender requirements, potential structures can include DSCR, conventional investment, portfolio and other STR-focused financing options.
With multiple periods of reported six-figure revenue and 2026 bookings already on the calendar, buyers should provide prospective lenders with the property's historical financials and current booking information when evaluating financing.
🏡 Need Help Finding Your Own STR?
We partner with a team that helps investors identify fully underwritten, data-backed STR opportunities based on their budget and investment goals.
They can help with market selection, revenue projections, property recommendations, design, amenity strategy, management, listing optimization and pricing.
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.
💰 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
💰 Multi-Year Six-Figure Revenue
The property has reportedly generated $121K and $132K across prior annual periods, giving buyers an actual operating history to analyze.
📅 ~$83K Already Booked for 2026
There's already meaningful revenue on the books, with additional weeks reportedly still available.
🏊 Private Heated Pool
A rehabilitated in-ground pool gives the property a major summer amenity beyond simply being near Lake Michigan.
🌳 2.24 Private Acres
The wooded acreage and preserve backdrop create a level of privacy that's difficult to replicate.
🌊 Lake Michigan Proximity
Guests are only about half a mile from Lake Michigan, combining destination access with a secluded retreat.
🛋️ Furnishings Convey
The property is being offered with furnishings, helping preserve the existing guest experience and reducing the work required to keep operating.
⚡ Bottom Line
$899,900. $132K Historical Revenue. ~$83K Already Booked for 2026.
Using the property's $132K historical revenue figure, the asking price represents approximately a 14.7% gross revenue-to-price ratio, or roughly 6.8x annual gross revenue.
But what makes Hidden Haven particularly interesting is the combination behind those numbers.
You're getting a 4-bedroom retreat that sleeps 12, a private heated pool, 2.24 wooded acres, proximity to Lake Michigan, a massive redesigned primary suite and furnishings that convey.
And unlike a property that still needs to prove itself as a vacation rental, this one already has a history of six-figure rental performance.
For an investor looking for a turnkey STR in a lake vacation market with proven revenue and a strong private amenity package, Hidden Haven deserves a closer look.
📩 Interested in This Property?
