Frankenmuth Michigan Vacation Rental Management
Income Estimates And Tips To Run a Successful Short Term Rental in Frankenmuth, Updated May 2023
Positive vacation rental trends in Frankenmuth, Michigan when you considering renting out your Frankenmuth home as a short-term rental include: The tourism industry is an important part of the local economy in Frankenmuth. With this in mind, it’s important to keep your rental property up to date and in good condition if you’re looking to attract guests. Another way to increase your chances of getting renters is by offering special amenities like a hot tub or sauna.
When partnering with RedAwning for your property management needs, we can make sure your Frankenmuth rental is set up correctly and ready to generate the most amount of revenue possible per stay.
Positive vacation rental trends in Frankenmuth, Michigan when you considering renting out your Frankenmuth home as a short-term rental include the following: Slow and steady growth. Because of its relatively low population, Frankenmuth has seen only modest growth in recent years, so there is plenty of room to build more short-term rentals. This also means that inventory is tight and there are fewer homes for rent every year. That said, it is still possible to find a great place to rent on the market today. Affordable. While there are certainly nicer places to stay in Frankenmuth, short-term rentals are a great way for visitors to stay on budget.
Positive rental trends in Frankenmuth, Michigan when you consider renting out your home as a short-term rental include an increase in the number of vacation rentals. The majority of vacation rentals are owner occupied by families or groups who are looking for a place to stay while they visit Frankenmuth. Other positive short-term rental trends in Frankenmuth include an increase in guest arrivals, an increase in the average length of stay, and an increase in the number of repeat visitors. Can't get any better than that! If you're thinking about renting out your home while you're away, think positive and make sure you're doing everything possible to keep it safe & secure.
RedAwning takes the guess-work out of Frankenmuth property management, and we work with you to ensure your Frankenmuth short-term rental is set up perfectly to attract guests and maximize your rental revenue, from day-one.
Note: These averages are based on a 3 bedroom home in Frankenmuth. If you'd like to find out how much revenue your home could make by providing the number of bedrooms and specifics about your vacation rental, please try our free vacation rental calculator and/or speak with one of our vacation rental experts about your vacation home, condo or unique vacation rental experience.
If you are a speculative home buyer or have another home in Michigan, check out our other Michigan Vacation Rental Management reports in Ann Arbor, Bay City, Detroit, Grand Haven, Grand Rapids, Holland, Kalamazoo, Lansing, Sault Ste. Marie, Traverse City, Addison, Saugatuck, Frankfort, Douglas, South Haven, St. Joseph, Carp Lake, Copper Harbor, Onaway, Thompsonville, West Bloomfield Township, Birmingham, East Tawas, Farwell, Southfield, Pontiac, and Fennville, Michigan or view all of our vacation rental market reports