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View PropertiesAs of Apr, 27 2026
Rabbu ROI Score
Boyne City presents a competitive opportunity: investor interest and demand are strong, but higher prices or tighter competition may require more selective deal sourcing.
Boyne City sits in northern Michigan's year-round recreation corridor, where lake access, ski resorts, and summer tourism drive short-term rental demand. With 161 active Airbnb listings, an average daily rate of $390 (above the $350 state average), and average annual revenue of $42,950, the market attracts investor attention despite a below-state-average occupancy rate of 33%. The ROI score of 49 out of 100 reflects a competitive landscape where selective deal sourcing and larger property configurations can meaningfully improve returns.
According to Rabbu market data, the Boyne City short-term rental market shows:
| Metric | Context | Value |
|---|---|---|
| Active Airbnb Listings | As of Apr, 27 2026 | 161 |
| Average Daily Rate (ADR) | vs. $350 state avg. | $390 |
| Average Occupancy Rate | vs. 42% state avg. | 33% |
| RevPAN | ADR * Occupancy Rate | $128 |
| Average Monthly Revenue | Historical 12-month average | $3,579 |
| Average Annual Revenue | Historical 12-month average | $42,950 |
Data sources: Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026.
Boyne City appeals to investors because of its dual-season tourism appeal and above-average nightly rates, though the competitive supply environment rewards those who choose the right property size and amenity mix.
Key investment factors
"Boyne City represents a competitive opportunity where the right property can perform well, but market-wide averages are tempered by pronounced seasonality and a rapidly growing supply base. Revenue swings are dramatic — July peaks near $8,464 per month while April bottoms out around $1,170 — so investors should model cash flow assuming meaningful off-season softness. Larger homes with 5+ bedrooms stand out as the clear outperformers, pulling in annual revenues approaching $97,000 to $143,000, well above the market average. For investors willing to target the upper end of the size spectrum and differentiate with amenities like lake access or hot tubs, Boyne City offers meaningful upside despite the competitive headwinds reflected in the 49/100 ROI score."
— Rabbu Market Analysis Team
Boyne City's revenue is heavily summer-weighted, with July ($8,464) and August ($8,319) generating roughly 4× to 7× more than the slowest months of April ($1,170) and November ($1,239). A modest winter bump in January ($3,251) and February ($2,861) adds a secondary revenue window, but investors should plan for significant off-season cash flow gaps between the two peaks.
| Month | Trend | Revenue |
|---|---|---|
| January |
|
$3,251 |
| February |
|
$2,861 |
| March |
|
$2,229 |
| April |
|
$1,170 |
| May |
|
$2,370 |
| June |
|
$3,954 |
| July |
|
$8,464 |
| August |
|
$8,319 |
| September |
|
$3,542 |
| October |
|
$2,611 |
| November |
|
$1,239 |
| December |
|
$2,934 |
Three-bedroom homes dominate the supply with 51 listings, while 1- and 2-bedroom properties each account for 31 listings. The 5-bedroom (13 listings) and 6+ bedroom (6 listings) segments are notably thin, which may present a supply gap worth targeting given their substantially higher revenue potential.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
31 |
| 2 bedrooms |
|
31 |
| 3 bedrooms |
|
51 |
| 4 bedrooms |
|
27 |
| 5 bedrooms |
|
13 |
| 6+ bedrooms |
|
6 |
ADR scales steeply with size in Boyne City — from $142 for 1-bedroom units to $1,051 for 6+ bedroom homes, a 7.4× difference. The jump from 4 bedrooms ($552) to 5 bedrooms ($730) represents one of the sharpest premium increases, suggesting strong group-travel willingness to pay at the larger end.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$142 |
| 2 bedrooms |
|
$295 |
| 3 bedrooms |
|
$355 |
| 4 bedrooms |
|
$552 |
| 5 bedrooms |
|
$730 |
| 6+ bedrooms |
|
$1,051 |
Revenue per available night climbs dramatically with property size: 5-bedroom homes deliver $331 in RevPAN and 6+ bedroom homes reach $455, compared to just $42 for 1-bedroom listings. Even after factoring in occupancy differences, larger properties capture outsized per-night revenue that can justify their higher acquisition and operating costs.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$42 |
| 2 bedrooms |
|
$93 |
| 3 bedrooms |
|
$109 |
| 4 bedrooms |
|
$171 |
| 5 bedrooms |
|
$331 |
| 6+ bedrooms |
|
$455 |
Occupancy rates are remarkably flat across 1- through 4-bedroom listings (30–32%), but jump to 45% for 5-bedroom and 43% for 6+ bedroom properties. This pattern suggests larger homes not only command higher nightly rates but also stay booked more often, making them the strongest candidates for consistent cash flow.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
30% |
| 2 bedrooms |
|
32% |
| 3 bedrooms |
|
31% |
| 4 bedrooms |
|
31% |
| 5 bedrooms |
|
45% |
| 6+ bedrooms |
|
43% |
Monthly revenue increases with every additional bedroom, from $2,205 for 1-bedroom listings to $11,963 for 6+ bedroom homes. The gap between 3-bedroom ($3,408) and 4-bedroom ($5,093) properties — nearly a 50% jump — marks an inflection point where returns begin to accelerate meaningfully.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$2,205 |
| 2 bedrooms |
|
$2,847 |
| 3 bedrooms |
|
$3,408 |
| 4 bedrooms |
|
$5,093 |
| 5 bedrooms |
|
$8,121 |
| 6+ bedrooms |
|
$11,963 |
Five-bedroom properties average $97,461 in annual revenue and 6+ bedroom homes reach $143,560, dwarfing the $26,468 average for 1-bedroom units. For investors evaluating return potential, larger configurations in Boyne City clearly offer the strongest top-line revenue, though acquisition costs and operational complexity also scale up accordingly.
| Size | Trend | Value |
|---|---|---|
| 1 bedroom |
|
$26,468 |
| 2 bedrooms |
|
$34,165 |
| 3 bedrooms |
|
$40,905 |
| 4 bedrooms |
|
$61,123 |
| 5 bedrooms |
|
$97,461 |
| 6+ bedrooms |
|
$143,560 |
Parking (99%) and kitchens (98%) are near-universal, while outdoor amenities like patios (86%), BBQ grills (69%), and outdoor furniture (67%) signal that guests expect a full outdoor living experience. Differentiators like lake access (32%), waterfront location (25%), and hot tubs (23%) are far less common, giving properties with these features a meaningful competitive edge in attracting bookings.
| Amenity | Trend | Value |
|---|---|---|
| Parking |
|
99% |
| Kitchen |
|
98% |
| Patio or Balcony |
|
86% |
| Dryer |
|
80% |
| Washer |
|
79% |
| Self Check-in |
|
76% |
| BBQ Grill |
|
69% |
| Outdoor Furniture |
|
67% |
| Backyard |
|
62% |
| Workspace |
|
44% |
| Lake Access |
|
32% |
| Waterfront |
|
25% |
| Pets |
|
24% |
| Hot Tub |
|
23% |
Rabbu's ROI Score is a proprietary metric that evaluates short-term rental investment potential based on multiple factors.
| Factor | Boyne City Performance | Weight |
|---|---|---|
| Revenue-to-Price Ratio | Average | 40% |
| Occupancy Stability | Average | 30% |
| Market Growth Trend | Average | 15% |
| Supply/Demand Balance | Below average | 15% |
Boyne City's ROI score of 49 out of 100 places it in the 'Competitive Opportunity' band, meaning strong demand exists but tighter competition and higher property prices require disciplined deal selection. Revenue-to-price ratio and occupancy stability both rate as average, while supply-demand balance scores below average — a reflection of the 123% year-over-year listing growth outpacing demand gains. Investors should pair this data with thorough local regulatory research and focus on property types (particularly 5+ bedrooms) where performance metrics meaningfully outpace the market average.
Understanding local STR regulations is essential before investing in Boyne City. Here's the current regulatory landscape:
Short-term rental operators in Boyne City, Michigan may need to obtain a local permit or register their property with the city or Charlevoix County before listing. Investors should verify current requirements directly with Boyne City's zoning and planning department, as Michigan municipalities have varying approaches to STR oversight.
Common restrictions in Michigan resort communities can include occupancy limits based on bedroom count, minimum stay requirements during certain seasons, noise ordinances, parking mandates, and signage rules. HOA or condo association covenants may impose additional limitations, so reviewing any deed restrictions before purchasing is strongly recommended.
Short-term rental hosts in Michigan are generally subject to the state's 6% use tax and may owe local accommodations or tourism taxes depending on the jurisdiction. Platforms like Airbnb often collect and remit state taxes on behalf of hosts, but operators should confirm their full tax obligations with a local accountant or the Michigan Department of Treasury.
Regulations subject to change. Always verify with local authorities before purchasing. A Rabbu partner agent specializing in Boyne City can provide current regulatory guidance.
Financing an Airbnb investment in Boyne City requires lenders who understand STR income. Rabbu partner lenders offer:
"Over the next 12–18 months, Boyne City's sharp summer peak — with July and August revenues exceeding $8,000 per month — should continue to anchor annual earnings, while winter ski season provides a secondary demand boost in January and February. ADR may edge up 2–4% as larger, amenity-rich properties command premiums, though the 123% year-over-year growth in active listings signals increasing competition that could keep occupancy in the 30–35% range market-wide. Investors targeting 4+ bedroom properties are better positioned to capture group and family travel demand, which historically generates the strongest RevPAN in this market. These estimates assume current tourism trends hold; actual results will depend on economic conditions and local regulatory developments."
— Rabbu Market Analysis Team
Rabbu provides Airbnb and short-term rental market data and statistics across the United States. Our mission is to empower investors with accurate insights and easy-to-use tools, so they can confidently identify and act on the best opportunities in the Airbnb market.
Rabbu proprietary analytics as of Apr, 27 2026 and Zillow Home Value Index (ZHVI) as of Mar, 17 2026. Revenue projections are estimates based on comparable properties and do not guarantee future performance. Data reflects trailing 12-month historical averages and may not capture very recent market shifts or regulatory changes. Individual property results will vary based on location, condition, amenities, pricing strategy, and management quality.
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